Banking System and Capital Market Questions and Answers for Competitive Exams

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Average propensity to consume is defined as

A Aggregate consumption / Total population
B Aggregate income / Aggregate consumption
C Change in consumption / Change in income
D Aggregate consumption / Aggregate income

Answer & Explanation

Answer: Option [D]

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Read More Economics Solved Questions

Assam Direct Recruitment Test Series