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.
Answer the questions based on the information given below.
A & B means A is greater than B
A * B means A is not greater than B
A ...
Statements:          K @M,   L #M,  L$W,  W%X
 Conclusions:         Â
I.K%LÂ Â Â
II. M@WÂ Â Â Â Â <...
In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
In which of these expression ‘J > B’ is definitely True?
Statement: L > J ≥ U ≥ F; P < S < L
Conclusion: I. S < F II. P < U
Statements: Â M @ N, P @ R, P & N
Conclusions:Â Â Â Â Â a ) M @ PÂ Â Â Â Â Â Â Â Â Â Â Â Â b) R & M
...In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
Statements:
V < E ≤ I = O; E ≥ J ≥ S ≥ W; Z ≤ M ≤ W
Conclusions:
I) O > Z
II) O = Z
...In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
Statements : M > J = L > O > I ≤ H < Q = N
Conclusions :
I. I > M
II. N > I
III. L < Q
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