In an economy investment is increased by rs 300 crore. If mpc is 2/3, calculate increase in national income
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Answered by
0
let increase in national income be x
so , 2 : 3 :: 300 : x
or , x = 300 *3/2 = 450
so ,increase in national income was 450 crores .
.......
so , 2 : 3 :: 300 : x
or , x = 300 *3/2 = 450
so ,increase in national income was 450 crores .
.......
Answered by
1
Let the increase in national income be x.
So, 300 : x : : 2 : 3
2x = 300 * 3
x = 900 / 2 = 450.
➡️ Hence, increase in national income is 450 crores.
REGARDS, ARNAB ✌️
THANK YOU
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