3111EconomicsMedium
Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by?
ARs20 million
BRs 15 million
CRs80 million
DRs26.67 million
Correct answer
C. Rs80 million
Explanation
The correct answer is Rs80 million.