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 ‌=Y−C‌
⇒‌‌=10,000−9,100
⇒‌‌=₹900
© examsnet.com
Go to Question: