No products in the cart.

Suppose in a hypothetical economy,the savings …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Suppose in a hypothetical economy,the savings increased by Rs.20 crore when national income increases by Rs.100 crore.compute the additional investments needed to attain an increase in national income by Rs.6000 crore ?
  • 1 answers

Akanksha Srivastava 5 years, 9 months ago

∆S =20 ∆Y = 100 ∆I = ? When ∆ Y = 6000 Now, k = ∆Y/∆I and k= 1/MPS So k= 1/20 =5. So k=5 & 5 =∆Y/∆I So ∆I = ∆Y / 5 = 6000/5 = 1200cr
https://examin8.com Test

Related Questions

Explain the limitation of GDP as wellfare
  • 1 answers
Economics project on function of RBI
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers
What is deficit ?
  • 1 answers
What is receipt?
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
Trends in credit availability
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App