What will happen to the income levels in the following situations? Exp – InterviewSolution

InterviewSolution

1.

What will happen to the income levels in the following situations? Explain: (a) When MPC rises (b) When inventory levels accumulate (c ) When AD level increases due to change in government spending

Answer»

What will happen to the income levels in the following situations? Explain:

(a) When MPC rises

(b) When inventory levels accumulate

(c ) When AD level increases due to change in government spending

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