Advertisements
Advertisements
प्रश्न
What does \[c\] represent in \[Y=\overline{C}+\overline{I}+cY\]?
पर्याय
Autonomous Consumption
Consumption expenditure
Change in inventories
Marginal Propensity to Consume (MPC)
MCQ
Advertisements
उत्तर
The symbol \[c\] represents the Marginal Propensity to Consume (MPC). The term \[cY\] is the income-related part of consumption expenditure.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
