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If C=Y, then K=????

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If C=Y, then K=????
  • 6 answers

Chesta Pawan Manchanda 5 years, 8 months ago

According to sharadha and Dan's answer they have found apc not mpc

Chesta Pawan Manchanda 5 years, 8 months ago

There is no relation between c/y that is apc then k can not be defined

Ritika Mehra 5 years, 8 months ago

K=infinite

Shradha Malpani 5 years, 8 months ago

Consumption = Income which means there are no savings and MPC will be 1. Also K = 1/1-MPC Putting the values : 1/1-1 = 1/0 = Infinity So K = Infinity when C = Y

Dan • 5 years, 8 months ago

K=0

Dan • 5 years, 8 months ago

Mpc=∆c/∆y (chnge - ∆).... C=y (accrding to the qus).... Mpc = ∆y/∆y..ie =1 So we get【 mpc = 1】.... K = 1/(1 - mpc).... K =1/(1-1)..... K=1/0.... {{{K=0}}....
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