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Question : 4
Total: 21
An Economy is in equilibrium, calculate the Marginal Propensity to Save (MPS) from the following:
(i) National Income (Y)= ₹ 4 , 400
(ii) Autonomous Consumption( C ) = ₹ 1 , 000
(iii) Investment Expenditure (I)= ₹ 70
(i) National Income (Y)
(ii) Autonomous Consumption
(iii) Investment Expenditure (I)
Solution:
National Income
Autonomous Consumption
Investment Expenditure
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