National Income and Related Aggregates-Gross Investment (CBSE Class-12 Economics): Questions 1 - 1 of 1
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Question number: 1
» National Income and Related Aggregates » Gross Investment
Describe in DetailAs a result of increase in investment national income rises by Rs. 600 crores. If marginal propensity to consume is 0.75, calculate the increase in investment.
Here, increase in investment national income ( ) = Rs. 600 Crores
Marginal propensity to consume (MPC) = 0.75
K= = = = 4
K= so, =