Given that national income is ₹ 80 crore and consumption expenditure ₹ 64 crore, find out average
Channel: Doubtnut
Date: 03/05/2020

Given that national income is ₹ 80 crore and consumption expenditure ₹ 64 crore, find out average propensity to save. When income rises to ₹ 100 crore and consumption expenditure to ₹ 78 crore, what will be the average propensity to consume and the marginal propensity to consume ?