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NextQ53

In an economy, the value of Marginal Propensity to Save (MPS) is 0.25, what will be the value of increase in income, if investments increased by Rs. 200 crores ?

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Question 52

Read the following statements – Assertion(A) and Reason (R). Choose one of the correct alternatives given below : Assertion (A) : Full employment refers to, absence of involuntary unemployment. Reason (R) : Under full employment situation, all willing and able bodied people get employment at prevailing wage rate. Alternatives :

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