CBSE 2020 Class 12 Economics Outside Delhi Set 1

Question : 10 of 47

Marks: +1, -0

If the value of Average Propensity to Consume (APC) is 0.8 and National Income is

₹ 4,000

crore, the value of savings will be ...........
(Choose the correct alternative)

Solution:

=0.8=\;{C}/{4000}=3,200

Saving

=

Income - Consumption

(4,000-3,200)

=\₹ 800

crores

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