Multiple Choice Questions on If the value of Average Propensity to Save APS is 0 2 and National Income is Rs 4 000 crores t........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

If the value of Average Propensity to Save APS is 0 2 and National Income is Rs 4 000 crores t...........

Economics (CUET) Determination of Income and Employment
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    . If the value of Average Propensity to Save (APS) is 0.2 and National Income is Rs.4,000 crores, then consumption will be_________

     

    4,000 crores

    Incorrect Answer

    3,200 crores

    Correct Answer

    3,800 crores

    Incorrect Answer

    2,600 crores 

    Incorrect Answer
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    Explanation:

    Option (2) is correct.

    Rs.3,200 crores

     

    By: Parvesh Mehta
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