Question

(ii) C and S
(iv) All of these
[1]
7. Suppose in a hypothetical economy, the income rises from 5,000 crores to 6,000 crores. As a result, the
consumption expenditure rises from * 4,000 crores to 34,600 crores. Marginal propensity to consume in
such a case would be
expand

(ii) C and S (iv) All of these [1] 7. Suppose in a hypothetical economy, the income rises from 5,000 crores to 6,000 crores. As a result, the consumption expenditure rises from * 4,000 crores to 34,600 crores. Marginal propensity to consume in such a case would be

Solution
verified
Verified by Toppr
solution
expand
solution
expand
Was this answer helpful?
upvote 0
downvote0