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Economics · 2023 · 1 mark
Determination of Income and EmploymentDetermination of Equilibrium Income in the Short Run1 markApplymcq
CBSE 2023 · Region 1 · Set 1 · Q6
(A) If the value of investment multiplier = 4 and Dissavings = (–) 60, identify the correct Saving function from the following:
If the value of investment multiplier = $\displaystyle 4$ and Dissavings = (–) $\displaystyle 60$, identify the correct Saving function from the following :
For the given Consumption function, C = $\displaystyle 205$ + $\displaystyle 0.9$ Y, the value of investment multiplier would be ___________.(Choose the correct alternative to fill up the blank)
Official answer
(A) → (A)
(B) → (B)
Marking-scheme solution
Branch (A) : (A) S = (–) $\displaystyle 60$ + $\displaystyle 0.25$ Y
OR
Branch (B) : (B) $\displaystyle 10.0$
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.