Which of the following is true in respect of relation of Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS) as per the…
CA Foundation · Business Economics · PYQS · May 2025
Which of the following is true in respect of relation of Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS) as per the Keynesian theory of determination of National Income?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. MPC+MPS = 1
Topics: Determination of National Income
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