If in an economy, the value of investment multiplier is 4 and Autonomous Consumption is ₹ 30 Crore, the relevant consumption function would be:
- C=30+0.75 Y
- C=(-)30+0.25Y
- C=30-0.75Y
- C=30-0.25Y
Answer:
a. C=30+0.75 Y
CBSE Class 12 Sample Paper for 2023 Solutions - Economics
CBSE Class 12 Sample Paper for 2023 Solutions - Economics
Last updated at Dec. 13, 2024 by Teachoo
Answer:
a. C=30+0.75 Y