Rajat Arora - Class 12th Chintu/Chinti Gang
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Other things remaining the same, when foreign currency becomes cheaper, the effect on national income is likely to be:
Anonymous Quiz
55%
Positive
25%
Negative
15%
Positive and Negative both
5%
No effect
Question of the Day:) An increase of Rs. 250 crores in investment in an economy resulted in a total increase in income of Rs. 1,000 crores. Calculate the following: a) Marginal propensity to consume (MPC), b) Change in saving, c) Change in consumption expenditure, d) value of Multiplier.
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Kindly try this previous year mcq
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