CBSE 2017 Class 12 Economics Delhi Set-1
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Question : 13 of 18
Marks:
+1,
-0
An economy is in equilibrium. From the following data about an economy, calculate autonomous consumption.
(a) Income
(b) Marginal propensity to save
(c) Investment expenditure
(a) Income
(b) Marginal propensity to save
(c) Investment expenditure
Solution:
Given that, Income
Marginal Propensity to save
Therefore, marginal propensity to consume
Autonomous Consumption
Marginal Propensity to save
Therefore, marginal propensity to consume
Autonomous Consumption
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