If aggregate income is N500.00 and aggregate consumption is N400.00, this means that the average propensity to consume is? - SchoolNGR

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If aggregate income is N500.00 and aggregate consumption is N400.00, this means that ...

If aggregate income is N500.00 and aggregate consumption is N400.00, this means that the average propensity to consume is?

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A 0.20
B 0.80
C 1.25
D 2.00

Correct Answer: Option B

Explanation:

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