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प्रश्न
An economy is in equilibrium. Calculate the National Income from the following :
Autonomous Consumption = 120
Marginal Propensity to Save = 0.2
Investment Expenditure = 150
उत्तर
Given that
`barC = 120`
MPS(s) = 0.2
i.e MPC(c) = 1- MPS = 1 - 0.2 = 0.8
I = 150
We knoiw that
Y = C + I
`Y = barC + MPC(Y ) + I`
`Y = 120 + 0.8Y + 150`
0.2Y = 270
Y = 1350
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संबंधित प्रश्न
Find equilibrium national income:
Autonomous consumption expenditure = 120
Marginal propensity to consume = 0.9
Investment expenditure = 1100
An economy is in equilibrium. Find 'autonomous consumption' from the following:
National income = 1000
Marginal propensity to consume = 0.8
Investment expenditure = 100
Write explanatory answer
State and explain J.M. Keynes's ‘psychological law of consumption’.
Fill in the blank with appropriate alternatives given in the bracket:
The part of income not spent is________.
Choose the correct answer :
When income increases consumption and saving will _________.
Write short note on:
Paradox of value
Give reason or explain the following statement
Demand for necessary goods is inelastic.
Answer the following question.
What is meant by a propensity to consume?
Answer the following question.
What is meant by autonomous consumption? Explain with the help of a diagram.
An economy is in equilibrium. From the following data calculate investment expenditure :
(i) Marginal propensity to consume = 0·9
(ii) Autonomous consumption = 200
(iii) Level of income = 10000
If the income is ₹ 400 crores and consumption is ₹ 250 crores, what will be the APC?
Which of the following is correct?
Calculate Change in Income (ΔY) for a hypothetical economy. Given that:
- Marginal Propensity to Consume (MPC) = 0.8, and
- Change in Investment (ΔI) = Rs. 1,000 crores
MPC = 1 − MPS. It is ______
Which of the following points are related with marginal propensity to consume?
What is "MPS" or the 'marginal propensity' to save?
If the value of Average Propensity to Save (APS) is 0.2 and National Income is ₹4,000 crores, then consumption will be ______
Which of the following statements is not correct?
Income rises from ₹50,000 to ₹60,000, consumption increases from ₹40,000 to ₹48,000. In this situation, what will be the value of Marginal Propensity to Consume (MPC)?
Assertion (A): Saving curve makes a negative intercept on the vertical axis at zero level of income.
Reason (R): Saving function refers to the functional relationship between saving and income.
