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The average propensity to consume is measured by –  (a) C / Y  (b) C × Y 

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in Consumption and Investment Functions by (49.7k points)

The average propensity to consume is measured by – 

(a) C / Y 

(b) C × Y 

(c) Y / C 

(d) C + Y

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1 Answer

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by (48.8k points)

Correct Answer is: (a) C / Y

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