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NextQ48

An economy is in equilibrium. From the following data, calculate the value of Autonomous Consumption. National Income = Rs. 5,000 crore Marginal Propensity to Save (MPS) = 0.2 Investment Expenditure = Rs. 800 crore

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Question 47

An increase in National Income occurs by Rs. 3,000 crore, as investments increased by Rs. 1,200 crore. The value of investment multiplier would be ________. (Choose the correct alternative to fill up the blank)

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