In an economy, every time income rises, 75% of the rise in income is spent on consumption. Now suppose in the same economy investment rises by Calcula

Question

In an economy, every time income rises, 75% of the rise in income is spent on consumption. Now suppose in the same economy investment rises by Calcula

In an economy, every time income rises, 75% of the rise in income is spent on consumption. Now suppose in the same economy investment rises by
Calculate the following :
(i) Change in income
(ii) Change in saving

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

3000 crore, 750 crore

5 views Answered 2023-02-05 15:29