+2 votes
in Class 12 by kratos

An economy is in equilibrium. From the following data about an economy calculate autonomous consumption.

(i) Income=Rs. 5,000

(ii) Marginal propensity to save : 0.2

(iii) Investment expenditure = Rs. 800

1 Answer

+1 vote
by kratos
 
Best answer

Hence, Autonomous Consumption is 200.

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