In an economy with every increase in income 15% of the increased income is saved. Suppose a fresh investment of 600 crore takes place in the economy,

Monjur Alahi

In an economy with every increase in income 15% of the increased income is saved. Suppose a fresh investment of 600 crore takes place in the economy,
calculate the following:
(1) Change in income
(ii) Change in consumption.


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Salim Ahmed Kawsar

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4000 crore, 3400 crore

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