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Solution - An Economy is in Equilibrium. Calculate Marginal Propensity to Consume - Consumption Function and Propensity to Save

ConceptConsumption Function and Propensity to Save

Question

An economy is in equilibrium. Calculate Marginal Propensity to Consume :

National income = 1000

Autonomous consumption expenditure = 200

Investment expenditure = 100

Solution

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Solution for question: An Economy is in Equilibrium. Calculate Marginal Propensity to Consume concept: Consumption Function and Propensity to Save. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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