If the Average Propensity to Save (APS) of a household is 0.4, and their total income is ₹ 25,000, what is the total saving?
CA Foundation · Business Economics · PYQS · September 2025
If the Average Propensity to Save (APS) of a household is 0.4, and their total income is ₹ 25,000, what is the total saving?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹10,000
Topics: Determination of National Income
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