Match List-I with List-II
|
List-I |
List-II |
|
(A) Marginal propensity to consume |
(I) ΔS/ΔY |
|
(B) Marginal propensity to save |
(II) ΔC/ΔY |
|
(C) Average propensity to consume |
(III) S/Y |
|
(D) Average propensity to save |
(IV) C/Y |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → (A)-(II), (B)-(I), (C)-(IV), (D)-(III)
|
List-I |
List-II |
|
(A) Marginal propensity to consume |
(II) ΔC/ΔY |
|
(B) Marginal propensity to save |
(I) ΔS/ΔY |
|
(C) Average propensity to consume |
(IV) C/Y |
|
(D) Average propensity to save |
(III) S/Y |