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

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsDetermination of Income and Employment1 Mark
Question
Write the formula of Average Propensity to Save (APS).
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Answer

Average Propensity to Save (APS) $=\frac{\text { Savings (S) }}{\text { Income (Y) }}$

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