Home
Class 12
ECONOMICS
Value of average propensity to save can ...

Value of average propensity to save can never be less than zero.
OR
Average propensity to save is always greater than zero.
OR
Average propensity to save can never be negative.

Text Solution

Verified by Experts

False. : APS can be negative at low level of income when consumption expenditure is greater than income.
Promotional Banner

Topper's Solved these Questions

  • AGGREGATE DEMAND AND RELATED CONCEPTS

    SANDEEP GARG|Exercise GUIDELINES TO NCERT QUESTIONS|2 Videos

  • AGGREGATE DEMAND AND RELATED CONCEPTS

    SANDEEP GARG|Exercise REVISION EXERCISE (MULTIPLE CHOICE QUESTIONS)|19 Videos

  • AGGREGATE DEMAND AND RELATED CONCEPTS

    SANDEEP GARG|Exercise UNSOLVED PRACTICALS|25 Videos

  • FOREIGN EXCHANGE RATE

    SANDEEP GARG|Exercise REVISION EXERCISE|12 Videos

  • BALANCE OF PAYMENTS

    SANDEEP GARG|Exercise LONG ANSWER TYPE QUESTIONS|6 Videos

Similar Questions

Explore conceptually related problems

Average propensity to consume is defined as