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An economic is in equilibrium. Find …

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An economic is in equilibrium. Find marginal propensity to consume from the following: National income= 2000 Autonomous consumption= 400 Investment expenditure= 200

    • Posted by Anuj Garg 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sahin Kulsum 6 years, 11 months ago

    Mpc is 0.7 I=s= 200 C=y-s C=2000-200=1800 Now c = a +(b) y 1800=200+ b2000 b =(1800-200)/2000 b= 1400/2000 b = 0.7

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