Answer: Question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a) National income (Income method)= 150 + 250 + 640 + 1000 - 30 = 2010 crores(b) GDP at MP (Expenditure method)= 600 + 1200 + (-40) + 340 + 50 = 2150 croresNational Income (NNP at FC)= GDP at MP -(x) + (vii) - (viii)= 2150 - 50 + (-30) - 60 = 2010 crores. Or (iii) The level of saving at equilibrium. (ii) Investment expenditure is 1500. in crore) (i) Net Domestic Product at Factor Cost. Â In the above mentioned figure, at point P, income = consumption, which is known as to be a break-even point. Hence, change in investment Answer: Question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uestion 4.When investment multiplier is 1, the value of marginal propensity to consume is zero. (a) The rate of return on investment or M.E.I: The expected rate of return from an additional unit of investment is called marginal efficiency of investment (M.E.I). Assume the MPC for the whole society is 0.5, people working in these consumer goods industry would again spend 50% of their additional income of Rs 50 crore (which works out to be 25 crore) on more consumer goods. (c) 4 (d) 2 MPC(b) = 0.7, Question 16. Meaning of microeconomics — Briefly, microeconomics is the study of individual economic units of an economy. National Income = C + G + I + X + F – D. Where, C is the Consumption. In an economy the entire increase in income is saved. It is here that equilibrium level of income is established because what the savers intend to save becomes equal to what the investors intend to invest. (c) Remains constant From the following data about an economy, calculate (a) equilibrium level of national income and (b) total consumption expenditure at equilibrium level of national income.
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