Consumption expenditure
In an economy 75% of increase in income is spent on the consumption. Investment raised by Rs. 1000 Crore. Compute: (A) Total increase in income(B) Total increase in consumption expenditure
In an economy 75% of increase in income is spent on the consumption. Investment raised by Rs. 1000 Crore. Compute:
(A) Total increase in income(B) Total increase in consumption expenditure
Expert
MPC = 75% = 75/100 =3/4MPS = 1-3/4 = 1/4 K=4(A) DY = DI x K= 1000 x 4= 4000 Crore(B) DY = DC + DIDC = DY - DI= 4000-1000= Rs. 3000 Crore
Define macroeconomics?
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This profit-maximizing brickyard as in illustrated figure incurs total costs of approximately: (i) $1200 daily. (ii) $1300 daily. (iii) $1400 daily. (iv) $1530 daily (v) $1600 daily. Discover Q & A Leading Solution Library Avail More Than 1453186 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1939320 Asked 3,689 Active Tutors 1453186 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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