1- C/Y is defined as: April 28, 2021 – by admin 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.