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Economics

How to calculate this sum

Sathiya Bama

CA Final

★ 24K+

02-Nov-21 11:50

577

Answers (3)

An increase in Invt by 1 increases the national income by 3 K = Change in N I / Change in Investment k = 3/1 k=3 K = 1/MPC MPC = 1/3 = 0.33 MPS = 1 - 0.33 = 0.67

19BCF043_Sankara Subramanian

CA Inter

★ 4K+

02-Nov-21 12:22

19BCF043_Sankara Subramanian

An increase in Invt by 1 increases the national income by 3 K = Change in N I / Change in Investment k = 3/1 k=3 K = 1/MPC MPC = 1/3 = 0.33 MPS = 1 - 0.33 = 0.67

Sorry MPC = 0.67 MPS = 0.33

19BCF043_Sankara Subramanian

CA Inter

★ 4K+

02-Nov-21 12:24

19BCF043_Sankara Subramanian

Sorry MPC = 0.67 MPS = 0.33

Thank you so much

Thread Starter

Sathiya Bama

CA Final

★ 24K+

02-Nov-21 12:38

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