17. Complete the following table.
Level of income
400
500
600
700
Consumption expenditure
240
320
395
465
MPC
MPS
Answers
Answered by
4
Answer:
DOWNLOAD THE GOOGLE ASSISTANT
Answered by
6
Answer:
MPC
1----
2. 80/100= 0.8
3. 75/100= 0.75
4. 70/100= 0.7
MPS
1.-----
2.20/100= 0.2
3.25/100= 0.25
4.30/100= 0.3
Explanation:
find saving by (income - consumption).
MPC= change in consumption/change in income.
MPS = change in savings/ change in income.
Similar questions
Physics,
3 months ago
Social Sciences,
7 months ago
Hindi,
7 months ago
Physics,
11 months ago
Math,
11 months ago