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Questions › JNU › JNU SSS 2021 › Q70
1 markMacroeconomics › Consumption and investment › The Keynesian consumption functionModerateabout 1 min

JNU SSS 2021 Question 70: Consumption and investment

What is the relationship between average propensity to consume (APC) and marginal propensity to consume (MPS)?

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Consumption and investment has come up 74 times in 7 exams since 2005.

What this question tests

This question is on The Keynesian consumption function, part of Consumption and investment in Macroeconomics.

Consumption as a function of current income: the propensities to consume and save.

TestStop has 17 past-paper questions on this subtopic; the nearest in year are below.

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Question from the JNU SSS 2021 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.