Solution
✅ Correct Option: 3
The correct option is:
MPS = 0.5; APC = 0.75
Calculation:
At the income level of (where consumption and previous income , previous consumption ):
- Average Propensity to Consume (APC):
- Marginal Propensity to Save (MPS):
CUET Economics 2025 PYQs2 June Shift 1. Free, no login required.
The correct option is:
MPS = 0.5; APC = 0.75
At the income level of (where consumption and previous income , previous consumption ):