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1. What is marginal propensity to consume? How is it related to marginal propensity to save? 2. Can the value of APC be less than
1. What is marginal propensity to consume? How is it related to marginal propensity to save? 2. Can the value of APC be less than zero? Explain with Reason. 3. What is the relationship between APC and APS?2 4. What can be the maximum value of marginal propensity to Consume? Explain with reason 5. Give the meaning of autonomous consumption. 6. If disposable income is 1000 and consumption expenditure is 750, the value of average propensity to save will be
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Accounting
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
Volume 1, 2nd canadian Edition
176509739, 978-0176509736, 978-0176509743
