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NextQ147

Suppose in a hypothetical economy, Y = 50 + 0.8Y + 100, where Y = National Income. The value of Investment Multiplier (K) would be ___________. (Choose the correct option to fill in the blank)

Concept of Investment MultiplierStudy Simplify SpecialPYQ1MCQ
Question 146

Select the correct formula to calculate the value of Marginal Propensity to Save (MPS) : I. Change in Savings (ΔS) / Change in Consumption (ΔC) II. Change in Savings (ΔS) / Change in Income (ΔY) III. 1 – Marginal Propensity to Consume (MPC) IV. Change in Income (ΔY) / Change in Savings (ΔS)

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