Question
The ratio of total additional planned savings in an
economy to the total additional income of the economy is known as:Solution
· Marginal propensity to save (mps) is a fraction which gives an idea of what proportion of the total additional income of the economy people wish to save as a whole. It gives us the ratio of total additional planned savings in an economy to the total additional income of the economy). · Subtracting the mps from 1, we get the marginal propensity to consume (mpc), which, in a similar way, is the fraction of total additional income that people use for consumption.
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In a certain code language, ‘TURMERIC’ is coded as ‘64’ then, what is the code for ‘PORTION’ in the same code language?
Given below is a statement followed by some conclusions. Decide which of the given conclusions logically follow(s) from the given statements.
Sta...
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8% 2 & 11 $24 & 24 # 6
If the given interchanges are made in signs and numbers, which one of the four equations would be correct?
Interchange:
sign ‘+’ and...
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If V = 44 and FAT = 54, then how will you code LATE ?
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