_____________ means the ratio of change in saving to change in income.
Marginal propensity to save
Marginal consumption
Average propensity to save
Average consumption
The population of income people wish to consume from additional income is called __________.
Average propensity to consume
Marginal propensity to consume
None of these
____________ shows the relationship between the total consumption and total income.
Expenditure incurred on capital goods which help in producing other goods in the production process are called ___________.
Investment
Inventories
Capital
___________is the ratio of total savings to total income.
Saving output ratio
The functional relationship between saving and income is called___________.
Saving function
Consumption function
Propensity to consume
Calculate A P C if consumption is 800 and income is 1000.
0.8
1.25
80
Find the odd one out.
1 1-C
?Y
? I
1 -? S
? Y
1
mps
The relationship between investment demand and the rate of interest is known as the ___________.
Output demand function
Interest demand function
Investment demand function
Calculate multiplication if marginal propensity to consume is 0.
0
0.1
