Complete the following tables:
Income Saving Marginal Propensity to Consume Average Propensity to Consume
0 -20 - -
50 -10 - -
100 0 - -
150
200 30
60 -
- -
-

Open in App

Solution

Income

Saving

Consumption

Marginal Propensity to Consume

Average Propensity to Consume

0

-20

20

-

-

50

-10

60

0.8

1.2

100

0

100

0.8

1

150

30

120

0.8

0.8

200

60

140

0.8

0.7

Suggest Corrections

Similar questions

Income	Marginal Propensity to Consumption	Saving	Average Propensity to Consume
0		-30	-
100	0.75	-	-
200	0.75	-	-
300	0.75	-	-

Income (Rs.)	Saving	Average Propensity to Consume	Marginal Propensity to Consume
0	-40	...	...
50	-20	...	...
100	0	...	0.8
150	30	0.8	...
200	50	...	...

Income	Consumption	Marginal Propensity to Save	Average Propensity to Consume
0	15	-	-
50	50	-	-
100	85	-	-
150	120	-	-

Distinguish between Average Propensity to Consume and Marginal Propensity to Consume.

Join BYJU'S Learning Program