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For a country the marginal propensity to consume is 0.75, the country has increased investment this year by 200 AED, the national income will increase by 900 AED 500 AED 800 AED O 600 AED

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter23: The Aggregate Expenditure Model

Section: Chapter Questions

Problem 1P

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For a country the marginal propensity to consume is 0.75, the country has increased
investment this year by 20O AED, the national income will increase by
900 AED
500 AED
800 AED
O 600 AED

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