An economy is in equilibrium. From the following data about an economy – InterviewSolution

1.

An economy is in equilibrium. From the following data about an economy, calculateinvestment expenditure and investment multiplier: (a) Income = Rs.10,000 crore (b) Marginal propensity to consume = 0.9 (c) Autonomous consumption = Rs. 100 crore

Answer»

a)

EXPLANATION:

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