If Marginal Propensity to Save (MPS) is 0.25 and initial change in investment is ₹ 250 crores, then the final
change in income would be ___________. (Choose the correct alternative)
(a) ₹ 1,000 crores
(b) ₹ 1,200 crores
(c) ₹ 500 crores
(d) ₹ 3,500 crores
Answers
Answered by
4
Answer:
a. 1000 crores
Not sure about the answer
l just thought.
Answered by
0
Answer:
Answe will be 1000
beause 1/Mps=4
k=change in income/change in investment
4=change in income/250
change un Income =1000cr
Similar questions