Marginal propensity to save in zero when. Option 1: Income is zero. Option 2: Autonomous consumption is 1. Option 3: The entire income is saved. Option 4: The entire additional income is consumed.

The answer is 'The entire additional income is consumed.'. View full solution:

CUET Economics - Marginal propensity to save in zero when. | PYQs + Solutions

CUET Economics

Macro

Easy

Income is zero.

Autonomous consumption is 1.

The entire income is saved.

The entire additional income is consumed.

✅ Correct Option: 4

Related questions:

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Average Propensity to Consume	(I) It is the savings per unit of income
(B) Marginal Propensity to Consume	(II) It is the consumption per unit of income
(C) Average Ppropensity to Save	(III) It is the change in savings per unit change in income
(D) Marginal Propensity to Save	(IV) It is the change in consumption per unit change in income.

Choose the correct answer from the options given below:

28 May Shift 2

Identify the situation in which the equilibrium level of output is less than the full employment level of output?

28 May Shift 1

The General Theory of Employment, Interest and Money was published in......... and by .............