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प्रश्न
An economy is in equilibrium. Find 'autonomous consumption' from the following:
National income = 1000
Marginal propensity to consume = 0.8
Investment expenditure = 100
उत्तर
NationalIncomeY 1,000
Marginalpropensity to consume(MPC) 0.2
Investment expenditure(I) 100
We know that
Y = C + I
`1,000 = barC + MPC(Y) + I`
`1,000 = barC + 0.8 xx 1,000 + 100`
`1,000 - barC + 900`
`1,000 - 900 = barC`
Therefore `barC = 100`
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संबंधित प्रश्न
Marginal propensity to consume + marginal propensity to save ......................... '
(zero \ one \ less \ more)
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