NextQ29

Read the following statements carefully : Statement 1 : The induced consumption shows, the direct relation between consumption and income. Statement 2 : With a certain increase in income, induced consumption also increases. In the light of the given statements, choose the correct alternative from the following :

Concept of Investment MultiplierStudy Simplify SpecialPYQ1MCQ
Question 28

For the given Consumption function, C = 205 + 0.9 Y, the value of investment multiplier would be ___________. (Choose the correct alternative to fill up the blank)

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