The value of mpc is 0.6 …

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The value of mpc is 0.6 and initial income in the economy is ₹ 100 stores.prepare a schedule showing income,consumption and saving.also show the equilibrium level of income by assuming autonomous investment of 80 crores

Posted by Vanshikaa Gupta 7 years, 8 months ago

CBSE > Class 12 > Economics

8 answers

Runjhun Sharma 7 years, 8 months ago

Take autonomous consumption equal to 40 to det answer .

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Vanshikaa Gupta 7 years, 8 months ago

But autonomous consumption hai kya is question main

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Vanshikaa Gupta 7 years, 8 months ago

Nhi autonomous consumption can't be zero

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Vinay Kapri 7 years, 8 months ago

Can anyone please tell can we take autonomous consumption=0 in the above? As 80 in Investment expenditure.

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Vanshikaa Gupta 7 years, 8 months ago

Thanks Yami but ek baat btao ki autonomous consumption and Y at first level kya hoga??

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Yami Wadhwa 7 years, 8 months ago

Income is 100 crore. Investment is 80 crore MPC = 0.6 MPS = 1 - MPC MPS = 1- 0.6 MPS = 0.4 AD = C+ I AD = 0.6 Y + 80 AS = AD Y = 80 + 0.6 (100) 100 = 80 + 0.6 (100) 100 = 80 + 60 100 = 140

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Vanshikaa Gupta 7 years, 8 months ago

Anyone answer this question fast plzzz

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Vanshikaa Gupta 7 years, 8 months ago

Plzz tell how to make schedule

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