1- C/Y is defined as:

by
Question:

1- C/Y is defined as:

A.

Average propensity to consume

B.

Marginal propensity co consume

C.

Average propensity to save

D.

Marginal propensity to save

Answer» c. Average propensity to save

Note: The above multiple-choice question is for all general and Competitive Exams in India.