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In an economy income increases by Rs. 10,000 as a result of a rise in investment expenditure by Rs. 1,000. Calculate: (a) Investment Multiplier (b) Marginal Propensity to Consume OR Differentiate between full employment equilibrium and under employment equilibrium with the help of a diagram. |
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Answer» In an economy income increases by Rs. 10,000 as a result of a rise in investment expenditure by Rs. 1,000. Calculate: (a) Investment Multiplier (b) Marginal Propensity to Consume OR Differentiate between full employment equilibrium and under employment equilibrium with the help of a diagram. |
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