This topic contains 0 replies, has 0 voices, and was last updated by  EduGorilla 1 year, 11 months ago.

  • Author
    Posts
  • #901273 Reply
     EduGorilla 
    Keymaster
    Select Question Language :


    If C=80+0.75Y, what will the value of income multiplier?

    Options :-

    1. 6


    2. In the given function, mpc=0.75
      So,mps =1-mpc=1-0.75=0.25
      Hence, k=1/mps=1/0.25=4

    3. 7

    4. 5

    Post your Training /Course Enquiry
    Are You looking institutes / coaching center for
    • IIT-JEE, NEET, CAT
    • Bank PO, SSC, Railways
    • Study Abroad
    Select your Training / Study category
Reply To: If C=80+0.75Y, what will the value of income multiplier? ….
Your information:




GET UPTO 50%    OFF!
Verify Yourself




Log in with your credentials

or    

Forgot your details?

Create Account