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1 Answers
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- Answered By Nikita Chetry
- Answer: 1 month ago
As given in the examination problem, Equilibrium Income (Y) = Rs 4000 crore Autonomous Investment + Autonomous Consumption (\bar { A\quad } ) = Rs 50 crore MPS = 0.2So, MPC(b) = 1 – 0.2 = 0.8(MP...
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