Match List - I with List - II.
|
List - I |
List – II |
||
|
(A) |
Marginal Propensity to Save |
(I) |
$\frac{\Delta Y}{\Delta I}$ |
|
(B) |
Average Propensity to Consume |
(II) |
$\frac{\Delta S}{\Delta Y}$ |
|
(C) |
Value of Investment Multiplier |
(III) |
$1 -APS$ |
|
(D) |
Marginal Propensity to Consume |
(IV) |
$\frac{\Delta C}{\Delta Y}$ |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
|
List - I |
List – II |
||
|
(A) |
Marginal Propensity to Save |
(I) |
$\frac{\Delta S}{\Delta Y}$ |
|
(B) |
Average Propensity to Consume |
(II) |
$1 -APS$ |
|
(C) |
Value of Investment Multiplier |
(III) |
$\frac{\Delta Y}{\Delta I}$ |
|
(D) |
Marginal Propensity to Consume |
(IV) |
$\frac{\Delta C}{\Delta Y}$ |