CBSE 2017 Class 12 Economics Delhi Set-2

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Question : 2 of 4
 
Marks: +1, -0
An economy is in equilibrium. From the following data about an economy calculate investment expenditure :
(i) Income =10000
(ii) Marginal propensity to consume =0.9
(iii) Autonomous consumption =100
Solution:
C=c+by
=100+0.9×10000
⇒C=₹9,100
Investment =Y−C
⇒=10,000−9,100
⇒=₹900
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