NextQ100

Read the following statements : Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A) : If the value of Marginal Propensity to Save is 0.5, Marginal Propensity to Consume will be equal to Marginal Propensity to Save. Reason (R) : Sum of Marginal Propensity to Consume and Marginal Propensity to Save always equals to unity.

Concept of Investment MultiplierStudy Simplify SpecialPYQ1MCQ
Question 99

Suppose for an economy, autonomous consumption stands as Rs. 100 crore and total consumption is Rs. 130 crores. The value of induced consumption would be Rs. _____ crore. (Choose the correct option to fill up the blank)

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