If aggregate income is N500.00 and aggregate consumption is N400.00; this means that the average propensity to consume is? by Sunday | Mar 29 | Economics JAMB | 0 comments A. 0.20 B. 0.80 C. 1.25 D. 2.00 Correct Answer: Option B = 0.80 Users Also Read These:If Y = income, C Consumption, I = Investment, X =…If total Income is N15m and total consumption Is…In national income accounting, aggregate saving in…In a closed economy; the marginal propensity to…If the marginal propensity to consume is 0.6 and…