Multiple Choice Questions on The rate of increase in due to a unit increment in income is called marginal propensity to........... for Common University Entrance Test (CUET) Preparation

Back to Main Page

Multiple Choice Questions

The rate of increase in due to a unit increment in income is called marginal propensity to...........

Economics (CUET) Determination of Income and Employment
    Download Solution PDF

    The rate of increase in _______________due to a unit increment in income is called marginal propensity to consume. 

    Ex-post consumption

    Incorrect Answer

    Ex-ante consumption
     

    Correct Answer

    Both (1) and (2)
     

    Incorrect Answer

    None of the above

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Determination of Income and Employment
    Prepare through Micro-courses
    Try Now
    Explanation:

    Option (2) is correct.
    Explanation: MPC is the ratio between change in consumption and change in income.

    By: Parvesh Mehta
    ProfileResources

    Let's Discuss

    Master
    Determination of Income and Employment
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free