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Given that the autonomous consumption being Rs. 100, marginal propensity to save being 0.25 and investment being Rs. 1,100, the equilibrium level of income is:a)Rs. 900b)Rs. 4,800c)Rs. 4,400d)Rs. 2,500Correct answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared
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Given that the autonomous consumption being Rs. 100, marginal propensity to save being 0.25 and investment being Rs. 1,100, the equilibrium level of income is:a)Rs. 900b)Rs. 4,800c)Rs. 4,400d)Rs. 2,500Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Given that the autonomous consumption being Rs. 100, marginal propensity to save being 0.25 and investment being Rs. 1,100, the equilibrium level of income is:a)Rs. 900b)Rs. 4,800c)Rs. 4,400d)Rs. 2,500Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Given that the autonomous consumption being Rs. 100, marginal propensity to save being 0.25 and investment being Rs. 1,100, the equilibrium level of income is:a)Rs. 900b)Rs. 4,800c)Rs. 4,400d)Rs. 2,500Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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