Given in the below table, Income and Consumption based on which you are required to ascertain the following 1. Average
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Question:
Given in the below table, Income and Consumption based on which you are required to ascertain the following
1. Average Propensity to Consume
2. Average Propensity to Save
3. Marginal Propensity to Consume
Income Y
Value in Ksh "000"
Consumption C
Value in Ksh "000"
240
240
360
340
480
440
600
540
720
640
840
740
End of Question Paper
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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Posted Date: March 07, 2023 05:52:49