Multiple Choice Questions on If the value of Average Propensity to Consume APC is 0 8 and National Income is 4 000 crores nb........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

If the value of Average Propensity to Consume APC is 0 8 and National Income is 4 000 crores nb...........

Economics (CUET) Determination of Income and Employment
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    If the value of Average Propensity to Consume (APC) is 0.8 and National Income is 4,000 crores, the value of savings will be

     

    100 crores

     

    Incorrect Answer

    200 crores
     

    Incorrect Answer

    800 crores

    Correct Answer

    500 crores

    Incorrect Answer
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    Explanation:

    Option (3) is correct. 

     

    By: Parvesh Mehta
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