Suppose National Output Is £3500, Autonomous Consumption Is £200 and the Marginal

question 1

Multiple Choice

Suppose national output is £3500, autonomous consumption is £200 and the marginal propensity to consume (MPC) is 0.8 in a closed economy with no government sector. What is the level of investment in this economy?

• A) £2500
• B) £750
• C) £500
• D) £3300

Understand the significance of supply chain design, planning, and operation phases.

Differentiate between push and pull processes in a supply chain.

Identify the cycles occurring at different interfaces within a supply chain.

Understand the processes involved in handling customer orders effectively.

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