{"id":121540,"date":"2022-05-18T11:53:46","date_gmt":"2022-05-18T06:23:46","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=121540"},"modified":"2022-05-18T11:53:46","modified_gmt":"2022-05-18T06:23:46","slug":"calculate-change-in-income-%ce%b4y-for-a-hypothetical-economy-given-that-a-marginal-propensity-to-consume-mpc-0-8-and-b-change-in-investment-%ce%b4i-%e2%82%b91000-crores","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/calculate-change-in-income-%ce%b4y-for-a-hypothetical-economy-given-that-a-marginal-propensity-to-consume-mpc-0-8-and-b-change-in-investment-%ce%b4i-%e2%82%b91000-crores","title":{"rendered":"Calculate Change in Income (\u0394Y) for a hypothetical economy.Given that: a) Marginal Propensity to Consume (MPC) = 0.8, and b) Change in Investment (\u0394I) = \u20b91,000 crores"},"content":{"rendered":"<h2>Calculate Change in Income (\u0394Y) for a hypothetical economy.Given that:<br \/>\na) Marginal Propensity to Consume (MPC) = 0.8, and<br \/>\nb) Change in Investment (\u0394I) = \u20b91,000 crores<\/h2>\n<h3>Answer.<\/h3>\n<h3>Given \u0394 I = \u20b91,000 crores<br \/>\nMPC = 0.8<br \/>\nAs we know,<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-121527 size-full\" src=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/1-52.png\" alt=\"\" width=\"306\" height=\"111\" srcset=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/1-52.png 306w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/1-52-150x54.png 150w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/1-52-300x109.png 300w\" sizes=\"auto, (max-width: 306px) 100vw, 306px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculate Change in Income (\u0394Y) for a hypothetical economy.Given that: a) Marginal Propensity to Consume (MPC) = 0.8, and b) Change in Investment (\u0394I) = \u20b91,000 crores Answer. Given \u0394 I = \u20b91,000 crores MPC = 0.8 As we know,<\/p>\n","protected":false},"author":21830,"featured_media":121526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-121540","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21830"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=121540"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121540\/revisions"}],"predecessor-version":[{"id":121541,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121540\/revisions\/121541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/121526"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=121540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=121540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=121540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}