Calculate autonomous consumption expenditure from the following date about an economy which is In equilibrium. National income = Rs. 1,100 Marginal propensity to save = 0.20 Investment expenditure = Rs. 80 (Autonomous Consumption Expenditure = 120
Calculate autonomous consumption expenditure from the following date about an economy which is In equilibrium. National income = Rs. 1,100 Marginal propensity to save = 0.20 Investment expenditure = Rs. 80 (Autonomous Consumption Expenditure = 120
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 4P
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Calculate autonomous consumption expenditure from the following date about an economy which is In equilibrium.
Marginal propensity to save = 0.20
Investment expenditure = Rs. 80
(Autonomous Consumption Expenditure = 120
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