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Question
If ΔY = ₹200 and ΔC = ₹150, what is ΔS?
Options
₹200
₹150
₹350
₹50
MCQ
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Solution
₹50
Explanation:
The relationship ΔY = ΔC + ΔS tells us that any increase in income is divided between extra consumption and extra saving. So, ΔS = ΔY − ΔC = ₹200 − ₹150 = ₹50.
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