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Consumption and Investment Functions — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsConsumption and Investment Functions1 Mark
MCQ
Which of the following is not correctly matched
  • A
    Ratio of the consumption – APC expenditure to Income
  • B
    Ratio of change in consumption – MPC to change in Income
  • C
    Ratio of the saving to Income – APS
  • ✓
    Ratio of change in saving to change in Income – PSM change in Income
✓

Answer

Correct option: D.
Ratio of change in saving to change in Income – PSM change in Income
Ratio of change in saving to change in Income – PSM change in Income

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