Question

If MPC = 0.5 and the initial investment is 100 Rs crores, the income generated in the economy will be ______ 

Options

• 5 crores Rs

• 100 crores Rs

• 200 crores Rs

• 500 crores Rs

Answer 1

If MPC = 0.5 and the initial investment is 100 Rs crores, the income generated in the economy will be 200 crores Rs.