44 Consumer income increses from Rs 30.000
to 4000 and your saving
increases from
Rs 2000 to Rs 4000 than
your
merginal propensity to sewe in
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Answer:
We know, by income elasticity of demand of CDs
=Y−Y1Q−Q1∗QY
=30000−3600025−30∗2530000=1
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