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Question : Which of the following statement are true?

  1. MPC of developing countries is more than MPC of developed countries.
  2. There is an inverse relationship between ROI and volume of investment.

 

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Both are true.
 


Solution : MPC of developing countries is more than MPC of developed countries.
There is an inverse relationship between ROI and volume of investment.
Hence, Option A is correct.

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