If the autonomous consumption equals ₹2000 and marginal propensity to consume equals 0.8. If disposal income equals ₹10000 then total consumption…
CA Foundation · Business Economics · MTP · September 2026
If the autonomous consumption equals ₹2000 and marginal propensity to consume equals 0.8. If disposal income equals ₹10000 then total consumption will be:
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. 10,000
Topics: Determination of National Income
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