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

Class 12th Economics, Question -If increase in National Income is equal to increase in consumption, identity the value of Marginal Propensity to Save :

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February 20, 2023

These are the options for the question :If increase in National Income is equal to increase in consumption, identity the value of Marginal Propensity to Save :

a) Equal to unity b) Greater than one
c) Less than one d) Equal to zero

The correct answer is -d) Equal to zero