CBSE 2017 Class 12 Economics Delhi Set-2

© examsnet.com
Question : 2
Total: 4
An economy is in equilibrium. From the following data about an economy calculate investment expenditure :
(i) Income =10000
(ii) Marginal propensity to consume =0.9
(iii) Autonomous consumption =100
Solution:  
C=c+by
=100+0.9×10000
C=9,100
Investment =YC
=10,0009,100
=900
© examsnet.com
Go to Question: