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n an economy an increase in …

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n an economy an increase in investment by Rs 100 crores led to increase in National Income by Rs 1,000 crores. Find Marginal Propensity to Consume and change in consumption expenditure.

    • Posted by Nivi Pal 5 years, 9 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Sonu Siwach 5 years, 9 months ago

    (a)K=∆Y/∆I K=1000/100 K=10 K=1/1-MPC 10=1/1-MPC MPC=0.9 (b)MPC=∆C/∆Y 0.9=∆C/1000 ∆C=900 DONE.? SO SIMPLE

    2Thank You

    Gourav Kumar 5 years, 9 months ago

    Sample paper 2019 2020 answer

    1Thank You

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