Question

Please help ,give full solution

Answer 1

Answer:

Multiplier(k) => Change in income / 1,00 = 1/ (1-MPC)

=> Change in income / 1,000 = 1/ (1- 0.8)

=> Change in income / 1,000 = 1/ 0.2

=> change in income = 5 (1,000) = 5,000 crores

K= change in income/ change in investment = 5,000 /1,000 = 5 times

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Answer 2

Hey Mate !

Multiplier(k) => Change in income / 1,00 = 1/ (1-MPC)  

                    => Change in income / 1,000  = 1/ (1- 0.8)  

                    => Change in income / 1,000  = 1/ 0.2  

                    => change in income  = 5 (1,000)  = 5,000 crores

K= change in income/ change in investment = 5,000 /1,000 = 5 times

Hope it helps u !