@aditi Why did we divide it by 0405 in Q. no 58 (jnuee 2010) and not by 0.595 or by the given MPS of 30 % or 0.3 ??? I didnt quite get it clearly. Pleaseeeeeee help
@ JAYDEE as we write our is equation as y= c+ I + G and when we solve it we get some thing like-
y(1-c(1-t) ) = barA - bi
and we get multiplier as 1/ 1-c(1-t). this is why we divide by .405