The population of income people wish to consume from additional income is called __________.
Average propensity to consume
Marginal propensity to consume
Average propensity to save
None of these
___________is the ratio of total savings to total income.
Marginal propensity to save
Saving output ratio
Expenditure incurred on capital goods which help in producing other goods in the production process are called ___________.
Investment
Inventories
Capital
_____________ means the ratio of change in saving to change in income.
Marginal consumption
Average consumption
The functional relationship between saving and income is called___________.
Saving function
Consumption function
Propensity to consume
___________investment refers to what producers plan to invest during a period of time.
Ex post
Ex ante
Exim
Find the odd one out.
1 1-C
?Y
? I
1 -? S
? Y
1
mps
Calculate multiplication if marginal propensity to consume is 0.
0
0.1
___________ shift is the shift of a function due to changes in its parameters.
Metric
Leftward
Parametric
____________ shows the relationship between the total consumption and total income.
