Home Quiz If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ¥ 30 crore, the relevant consumption function would….

If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ¥ 30 crore, the relevant consumption function would….

Rohit Sharma
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If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ¥ 30 crore, the relevant consumption function would….

There are the Options for the Question: If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ¥ 30 crore, the relevant consumption function would (Fill up the blank with correct alternative)

(a) C = 30 + 0.75 Y

(b) C = (-) 30 + 0.25 Y

(c) C = 30 + 0.25 Y

(d) C = (-) 30 – 0.25 Y

 

The correct answer is – (c) C = 30 + 0.25 Y

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