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RADHA BHUGANA-AGGREGATE DEMAND, AGGREGATE SUPPLY AND RELATED CONCEPTS-Recapitulate
- Calculate the consumption level, If income=100 crore and the consumpti...
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- Given that C=75+0.75Y, calculate the consumption level if income level...
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- Calculate the income level if consumption is equal to 1000 crores and ...
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- Find saving level if income level is 500 crore and S=-50+0.60Y.
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- Find income level if S=-75+0.25Y and saving level is 100 crore.
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- Value of MPC is always equal to one
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- MPC falls with succesive increase in the level of income.
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- APC can never be more than one
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- APC rises with increase in income
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- APC can never be zero
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- APS can never be zero
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- MPS varies between 0 and 1
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- Higher MCP will cause higher level of production and income.
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