New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    The ratio of additional consumption to additional income is called ______.

    A average propensity to save Correct Answer Incorrect Answer
    B marginal propensity to save Correct Answer Incorrect Answer
    C Ex ante consumption Correct Answer Incorrect Answer
    D marginal propensity to consume Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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