New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The ratio of additional consumption to additional income

    is called ______.
    A average propensity to save Correct Answer Incorrect Answer
    B marginal propensity to save Correct Answer Incorrect Answer
    C Ex ante consumption Correct Answer Incorrect Answer
    D marginal propensity to consume Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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