Question
Complete the following table.
|
Income (र) |
Consumption expenditure (र) |
MPC |
MPS |
|
1000 |
900 |
||
|
1200 |
1060 |
||
|
1400 |
1210 |
||
|
1600 |
1350 |
Solution
|
Income र |
Consumption exp. र |
MPC (AC/AY) |
MPS (1 – MPC) |
|
|
1000 |
900 |
— |
— |
|
|
1200 |
1060 |
160/200 = 0.8 |
0.2 |
|
|
1400 |
1210 |
150/200 = 0.75 |
0.25 |
|
|
1600 |
1350 |
. |
140/200 = 0.7 |
0.3 |
