Read the passage carefully and answer the questions based on the passage: Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
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When income is more than consumption, then value of Average Propensity to Save (APS) is. |
More than zero. Equal to zero. Less than zero. More than one. |
More than zero. |
The correct answer is Option (1) → More than zero.
Thus, the value of APS is more than zero when income exceeds consumption. Example from the table: At income = ₹200 crore and consumption = ₹150 crore:
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