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प्रश्न
How is APS obtained from the APC?
उत्तर
When all money is either consumed or saved, the average propensity to consume (APC) plus the average propensity to save (APS) equals one. As a result, APS can be calculated by subtracting APC from one (APS = 1 − APC).
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संबंधित प्रश्न
Marginal propensity to consume + marginal propensity to save ......................... '
(zero \ one \ less \ more)
Complete the following table:-
| Income (Rs) | Consumption expenditure (Rs) | Marginal propensity to save | Average propensity to save |
| 0 | 80 | ||
| 100 | 140 | 0.4 | ....... |
| 200 | ........ | ...... | 0 |
| ....... | 240 | ........ | 0.20 |
| ......... | 260 | 0.8 | 0.35 |
The value of marginal propensity to consume is 0.6 and initial income in the economy is Rs 100 crores. Prepare a schedule showing Income, Consumption and Saving. Also show the equilibrium level of income by assuming autonomous investment of Rs 80 crores.
An economy is in equilibrium. From the following data calculate autonomous consumption.[4]
(i) Income = 10,000
(ii) Marginal propensity to consume = 0.2
(iii) Autonomous consumption = 1,500
Explain the Keynesian psychological law of consumption.
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National Income = 1,000
Autonomous Consumption = 100
Investment Expenditure = 200
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Which one is correct?
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