Economy, asked by kauraulakh437, 6 months ago

it is planned to make a new investment of 1400 crore in the economy how much will be the increase in the national income if marginal propensity to save is 0.4 . calculate

Answers

Answered by rushikadam10

0

Explanation:

change in income /1400 = 1/0.4

Change in income = 2.5(1400)

Change in income = 3500

Increase in national income is 3500

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