Read the below statements marked as Assertion (A) and Reason (R). Mark the correct option: Assertion (A): A rise in autonomous investment results in a multiplied increase in national income. Reason (R): This occurs because the marginal propensity to save is less than one.

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Economics · Macroeconomics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Both A and R are true, and R is the correct explanation of A.

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Answer 1

Both A and R are true, and R is the correct explanation of A.

Answer 2

Both A and R are true, but R is not the correct explanation of A.

Answer 3

A is true, but R is false.

Answer 4

A is false, but R is true.

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