Identify the correctly matched pair from Column A to that of Column B Column A 1 MPC 2 APC 3 AP...........

Economics (CUET) Determination of Income and Employment

Identify the correctly matched pair from Column A to that of Column B:

Column A:

(1) MPC

(2) APC

(3) APS

(4) MPS

Column B:

(a) Ratio of Savings to Consumption

(b) Ratio of Consumption to Income

(d) Ratio of Savings to Investment

1-(a)

2-(b)

3-(c)

4-(d)

Option (2) is correct.
Explanation: The average propensity to consume (APC) measures the percentage of income that is spent rather than saved.

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