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प्रश्न
What do you mean by a propensity to save?
उत्तर
- Thus the consumption function measures not only the amount spent on consumption but also the amount saved.
- This is because the propensity to save is merely the propensity not to consume.
- The 45° line may therefore be regarded as a zero–saving line, and the shape and position of the C curve indicate the division of income between consumption and saving.
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संबंधित प्रश्न
An increase in the marginal propensity to consume will:
If the Keynesian consumption function is C=10+0.8 Y then, if the disposable income is Rs 1000, what is the amount of total consumption?
If the Keynesian consumption function is C=10+0.8 Y then, and disposable income is ₹100, what is the average propensity to consume?
An increase in consumption at any given level of income is likely to lead to ______.
The MPC is equal to :
The relationship between total spending on consumption and the total income is the _______.
The sum of the MPC and MPS is _______.
As income increases, consumption will _________.
What is consumption function?
What do you mean by propensity to consume?
Define average propensity to save (APS).
Define Marginal Propensity to Save (MPS).
State the propositions of Keynes’s Psychological Law of Consumption.
Explain any three subjective and objective factors influencing the consumption function.
Briefly explain the subjective and objective factors of consumption function?