The change in savings as per unit change in income is defined as. Option 1: Induced savings Option 2: Saving function Option 3: Average propensity to save Option 4: Marginal propensity to save

The answer is 'Marginal propensity to save'. View full solution:

CUET Economics - The change in savings as per unit change in income is defined as. | PYQs + Solutions

CUET Economics 2026 6th June Shift 1

Macro

Easy

Induced savings

Saving function

Average propensity to save

Marginal propensity to save

✅ Correct Option: 4

Related questions:

2 June Shift 1

When income is less than consumption, value of Average Propensity to Consume (APC) is.

11th May Shift 2

Match the LIST-I with LIST-II

LIST-I	LIST-II
A. Marginal Propensity to Save (MPS)	I. Consumption per unit of income.
B. Average Propensity to Save (APS)	II. Savings per unit of income.
C. Marginal Propensity to Consume (MPC)	III. Change in consumption per unit change in income.
D. Average Propensity to Consume (APC)	IV. Change in savings per unit change in income.

Choose the correct answer from the options given below:

31 May Shift 1

Arrange the following statements in chronological order in respect to the increase in the proportion of income people save.

(A) Marginal propensity to consume decreases.

(B) The level of income decreases.

(D) The aggregate demand curve shifts downwards.

Choose the correct answer from the options given below: