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If increase in National Income is equal to increase in consumption, identity the value of Marginal Propensity to Save: - Economics

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Question

If increase in National Income is equal to increase in consumption, identity the value of Marginal Propensity to Save:

Options

  • Equal to unity

  • Greater than one

  • Less than one

  • Equal to zero

MCQ
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Solution

Equal to zero

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2022-2023 (March) Sample
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