Value of multiplier is determined by :A. MPSB. MPCC. Both (a) and (b)D – InterviewSolution

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1.	Value of multiplier is determined by :A. MPSB. MPCC. Both (a) and (b)D. Investment
Answer» Correct Answer - C

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Value of multiplier is determined by :A. MPSB. MPCC. Both (a) and (b)D. Investment
In an economy, every time the income rises, `75` percent of the rise in income is spent on consumption. Now suppose in the same economy investment rises by Rs. `750` crore. Calculate : (i) change in income, (ii) change in saving.