If the value of Average Propensity to Consume

CBSE Class 12 CBSE Class 12 Economics
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1

If the value of Average Propensity to Consume is 1.5, what will be the value of Average Propensity to Save?

2

Here, APC = 1.5
Now, we know that, APS = 1 - APC
So, APS= 1 - 1.5 = - 0.5