find consumption expenditure from the following : National income =Rs. – InterviewSolution

InterviewSolution

1.	find consumption expenditure from the following : National income =Rs. 5,000 Autonomous consumption = Rs, 1,000 MPC = 0.80
Answer» `C=barC+by` `=1,000+0.80xx 5,000` `=1,000 +4,000` `=5,000`

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