Complete the following table: Income Marginal Propensity to Consu… - Vidyadip

Question

Complete the following table:

Income	Marginal Propensity to Consume	Saving	Average Propensity to Save
0	-	-90	-
100	0.75	-	-
200	0.75	-	-
300	0.75	-	-

✓

Answer

Income [Y]	MPC	MPC = 1 - MPC	$\Delta\text{S}=\text{MPS}\times\Delta\text{Y}$	Saving (S)	$\text{APS}=\frac{\text{S}}{\text{Y}}$
0	-	-	-	-90	-
100	0.75	0.25	25	-65	-0.65
200	0.75	0.25	25	-40	-0.2
300	0.75	0.25	25	-15	-0.05

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Question" from Determination of Income and Employment→Determination of Income and Employment — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

The supply for a good rises to 1000 units in response to rise in price by ₹ 1. If the original supply was 800 units at the price of ₹ 10, calculate price elasticity of supply.

Explain the relationship between Total Product, Average Product.

If nominal income is ₹ 500 and price index is 125, calculate real income.

State whether the following are a stock or a flow:

Population of a country.
Number of births.

What does downward movement along the demand curve indicate?

Calculate MC and TC from the following cost schedule of a firm whose total fixed costs are ₹ 15.

Output (units)	1	2	3	4
TVC (₹)	10	19	29	40

Can an Indifference Curve be concave to the origin, if so then when?

Distinguish between a normal good and an inferior good. Give example in each case.

Define market rate of exchange.

Explain the impact of increase in supply of foreign exchange on price of foreign exchange, using suitable diagram.