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Complete the Following Table - Economics

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Question

Complete the following table:-

Income (Rs) Consumption expenditure (Rs) Marginal propensity to save Average propensity to save
0 80    
100 140 0.4 .......
200 ........ ...... 0
....... 240 ........ 0.20
......... 260 0.8 0.35
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Solution

Income (Rs) Consumption expenditure (Rs) Marginal propensity to save

Average propensity to save

(S ÷ Y)

Savings

(Y - C)

Marginal Propensity to Consume
0 80     -80  
100 140 0.4 -0.4 -40 0.6
200 200 0.4 0 0 0.6
300 240 0.6 0.20 60 0.8
400 260 0.8 0.35 140 0.2

 

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2012-2013 (March) Delhi Set 1
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