Home Quiz If increase in National Income is equal to increase in Savings, the value of Marginal Propensity to Consume would be (Fill up the blank with correct alternative)

If increase in National Income is equal to increase in Savings, the value of Marginal Propensity to Consume would be (Fill up the blank with correct alternative)

Rohit Sharma
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If increase in National Income is equal to increase in Savings, the value of Marginal Propensity to Consume would be (Fill up the blank with correct alternative)

There are the Options for the Question: If increase in National Income is equal to increase in Savings, the value of Marginal Propensity to Consume would be (Fill up the blank with correct alternative)

(a) equal to unity

(b)greater than one

(c) less than one

(d)equal to zero

The correct answer is –  (d)equal to zero

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