Re: JNU MA Economics Past Year Paper- 2012

Posted by MI on Apr 30, 2013; 12:23pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-MA-Economics-Past-Year-Paper-2012-tp7580215p7580243.html

Hey Kawai,

MPC is not 0.75 but its 1 (As per question workers consume all their income)

And 0.75 is the workers' share of income.