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    Exam 4: Keynesian Economics and Related Concepts
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    When Disposable Income Risesfrom Rs 500 to Rs 600 and Consumption
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When Disposable Income Risesfrom Rs 500 to Rs 600 and Consumption

Question 5

Question 5

Multiple Choice

When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equalto


A) 900
B) 100
C) 0.9
D) 1

Correct Answer:

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