Login

Login
Register

Questions
Unanswered
Tags
Categories
Ask a Question

Why can the value of MPC be not greater than 1?

+3 votes

asked May 10, 2018 in Class 12 by kratos

Why can the value of MPC be not greater than 1?

savings function and investment function
cbse
concept of consumption functions
multiplier
income output determination
class-12
income determination

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

+5 votes

answered Jun 9, 2020 by kratos

Best answer

It is because change in consumption can never be greater than change in income.

Please log in or register to add a comment.

Related questions

Illustrate how copper metal can give different products on reaction with HNO3.
Can PCl5 act as oxidising as well as reducing agent ? Justify.
Name two poisonous gases which can be prepared from chlorine gas.
Which type of furnace can create high temperature ?
Those natural occurring components from which element can be extracted profitably and conveniently known as

Snow Theme by Q2A Market

Powered by Question2Answer

Copyright © QinStar.in

...