Economy, asked by HackerzZ7490, 22 days ago

Suppose in a hypothetical economy the income rise from 25000 crores to 26000 crores. As a result the consumption expenditure rises from 2400 crores to 4600 crores, marginal propensity to consume in such care would be ----------------​

Answers

Answered by sherwyn774
0

Answer:

ok

Explanation:

ok

Answered by SrinivasIyengar
0

Answer:

MPC = Change in consumption/Change in income

MPC = 4600*4000/6000-5000

MPC = 600/1000

MPC = 0.6

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