CUET Preparation Today
What will be the value of savings, if APC = 0.6, national income = 15,000? |
9,000 4,000 1,000 None of the above |
None of the above |
APC = 0.6, as, APS = 1 - APC, then APS = 0.4 APS = \(\frac{S }{Y }\) 0.4 = \(\frac{S }{15,000 }\) S = 0.4 * 15,000 C = 6,000 |
