| Complete the following table: | |||
| Income Rs | Saving Rs | Average Propensity to consume | Marginal Propensity to consume |
| 0 | \[-40\] | ..... | ..... |
| 50 | \[-20\] | ..... | ..... |
| 100 | 0 | ..... | 0.6 |
| 150 | 30 | 0.8 | ..... |
| 200 | 50 | ..... | ..... |
Answer:
Income Rs
Saving Rs
Consumption
Average Propensity to consume
Marginal Propensity to consume
0
\[-40\]
10
-
-
50
\[-20\]
70
70/50 = 1.4
30/50 = 0.6
100
0
100
100/100 = 1
30/50 = 0.6
150
30
120
120/150 = 0.8
20/50 = 0.4
200
50
150
150/200 = 0.75
30/50 = 0.6
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