Question

In the economy Income level is Rs. 1000 crore
and consumption level is 600 crore than what
will be the value of average propensity to save
(APS)
1. 0.60
2. 0.06
3. 0.04
4. 0.40​

Answer 1

Answer:

S=Y-C

1000-600

400

APS = s/y = 400 /1000 =0.4

so option 4 is correct