Unsolved Practicals :
Calculate APC and APS from the following schedule:
Income (Y) 100 200 500
Consumption (C) 80 120 150

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Solution

APC refers to Average Propensity to Consume which defines the amount of consumption in every 1 rupee of income for all level of income. APC= consumption/income.
APS refers to Average Propensity to save which defines the amount of savings in every 1 rupee of income for all level of income. APS= savings/ income.

Income (Y)

100

200

500

Consumption (C)

80

120

150

Savings (S)

20

80

350

APC

0.8

0.6

0.3

APS

0.2

0.4

0.7

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