Complete the following table: | |||
Consumption expenditure (Rs) | Saving (Rs) | Income (Rs) | Marginal Propensity to consume |
100 | 50 | 150 | ..... |
175 | 75 | .... | ..... |
250 | 100 | .... | ..... |
325 | 125 | .... | ..... |
Answer:
Consumption expenditure (Rs)
Saving (Rs)
Income (Rs)
Marginal Propensity to consume
100
50
150
?..
175
75
250
75/100=0.75
250
100
350
75/100=0.75
325
125
450
75/100=0.75
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