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प्रश्न
Fill in the blanks with appropriate alternatives given in the bracket.
Marginal consumption function is always ________.
विकल्प
1.zero
2.one
3.more than one
4.less than one
उत्तर
Marginal consumption function is always less than one.
Explanation:
The two aspects of propensity to consume is average propensity to consume and marginal propensity to consume. The marginal consumption function is the ratio of change in aggregate consuption to the change in aggregate income level. It is always less than one.
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संबंधित प्रश्न
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