Download App

Determination of Income and Employment — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsDetermination of Income and Employment1 Mark
Question
Define average propensity to consume.
✓

Answer

APC is the ratio of consumption expenditure to total income, $\text{APC}=\frac{\text{C}}{\text{Y}}.$

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 "1 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

Define a Tax.
→
Why are imports entered as negative items in the balance of payments account?
→
India has been suffering from the problem of fiscal deficit for the last many years. Mention any two steps.
→
What should be deducted from $\ce{GNP_{MP}}$ to obtain $\ce{GDP_{MP}}$?
→
Will the following items be included or not in National Income of India? Give reason for your answer. Money received from sale of second hand goods.OR
Money received by government from sale of a public sector firm to a private owner.OR
Sale and Purchase of Second hand goods.
→
Categorize the following items into Revenue and Capital Receipts.
Statement-Financial help from microsoft for the victims of flood affected areas.
→
Will the following items be included or not in National Income of India? Give reason for your answer. Purchase of a machine by a factory.OR
Purchase of a new taxi by a taxi driver.
→
Name two components (or parts) of a government budget.
→
Define flow variable.
→
Giving reasons, state whether the following statements are true or false:
Both depreciation and devaluation of domestic currency have the same meaning.
→