Average Propensity to Consume is Define as

  1. Aggregate consumption / Total population
  2.  Aggregate income / Aggregate consumption
  3.  Change in consumption / Change in income
  4.  Aggregate consumption / Aggregate income

 

Manish Listener Asked on 14th July 2015 in Economics.
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    Aggregate consumption/Aggregate income

    Average Propensity to Consume is Define as Aggregate consumption/Aggregate income

    Monis Rasool Professor Answered on 21st July 2015.
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