Saved Bookmarks
| 1. |
In an economy investment increased by 1,100 and as a result of it income increased by 5,500. Had the MPS been 25 percent, what would have been the increase in income ? |
|
Answer» Solution :`DELTAY = DELTAI = (1)/(MPS)` `5,500 = (1,100)/(MPS)` `MPS = (1,100)/(5,500) = 0.20` `DELTA Y = (1,100)/(0.25) = 4,400` |
|