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The consumption function of an economy is C=75+0.75Y. What will be the change in income, when consumption changes by Rs 300 crores? OR Complete the table: IncomeC = 75 + 0.75 YSavingsAPCAPS100200300400 |
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Answer» The consumption function of an economy is C=75+0.75Y. What will be the change in income, when consumption changes by Rs 300 crores? OR Complete the table:
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