When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equalto

Related MCQs

• In a two sector economy, aggregate demand is equalto
• Psychological law of consumption states that the value of MPC is lies between zero and
• Functional relationship between saving and disposable income is:
• Disposable Income does not include:
• Ratio of consumption expenditure to any particular level ofincome
• In a closed economy, the value of multiplier , when MPC is 0.90
• When MPS = 0.2, MPC will be
• When MPC = 0.5, the value of multiplier is
• Value of MPC is
• As the value of MPC increases, the value ofmultiplier: