Question:
Based on the following diagram answer the question:
Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by ₹ ________ crores.
Based on the following diagram answer the question:
Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by ₹ ________ crores.
Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by ₹ ________ crores.
Updated On: Sep 12, 2024
- 150
- 200
- 250
- 300
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The Correct Option is C
Solution and Explanation
The correct option is (C): 250
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