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Solution - Consumption Function and Propensity to Save

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Question

Suppose marginal propensity to consume is 0.8. How much increase in investment is required to increase national income by Rs. 2000 crore? Calculate.

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Marginal propensity to consume + marginal propensity to save ......................... '

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Solution for concept: Consumption Function and Propensity to Save. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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