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NextQ149

Estimate the value of incremental investment if, equilibrium level of income increases by Rs. 50,000 crore and half of additional income is always saved in the economy.

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Question 148

Read the following statements carefully : Statement I : At the break-even level of income, the value of slope of the consumption curve is zero. Statement II : Marginal Propensity to Consume (MPC) refers to the change in consumption per unit change in income. In the light of the given statements, choose the correct option from the following :

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