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An economy is in equilibrium.from the …

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An economy is in equilibrium.from the following data about economy. Calculate MPS Income= ₹5000 Autonomous consumption= ₹500 Consumption expenditure=₹8000
  • 4 answers

Khushi Gupta 5 years, 8 months ago

This is not possible bcz mpc become 1.5 Which make mps negative (-0.5)

Jedidiah Asriel 5 years, 8 months ago

This question is not possible as the Consumption Expenditure CANNOT be greater than Income. Hence, any answer derived would be wrong.

Prince Sahu 5 years, 9 months ago

Bhai solution

Abrar Qureshi 5 years, 9 months ago

C=C`+MPC*Y
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