Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200. Option 1: MPS = 0.4; APC = 0.75 Option 2: MPS = 0.2; APC = 0.8 Option 3: MPS = 0.5; APC = 0.75 Option 4: MPS = 0.4; APC = 0.8

The answer is 'MPS = 0.5; APC = 0.75'. View full solution:

CUET Economics - Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200. | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Macro

Medium

MPS = 0.4; APC = 0.75

MPS = 0.2; APC = 0.8

MPS = 0.5; APC = 0.75

MPS = 0.4; APC = 0.8

✅ Correct Option: 3