NextQ94

Suppose, the value of Average Propensity to Consume (APC) is 0.8 and National Income is Rs. 4,000 crores, the value of saving would be Rs. _______ crores. (Choose the correct option to fill up the blank)

Concept of Investment MultiplierStudy Simplify SpecialPYQ1MCQ
Question 93

Suppose, the saving curve of an economy makes an intercept at a negative value of Rs. 50 crores. In the economy, 20% of an increase in income is saved. In the light of above context, identify the value of investment multiplier (K).

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