Answer:
Let Average Propensity to Save (APS) = \[2x\] Average Propensity to Consume (APC) = \[7X\] Now, APS+APC=1 \[2x+7x=1\] \[9x=1\] \[x\frac{1}{9}\] \[\therefore \] Average Propensity to Save (APS) = \[2\times \frac{2}{9}\] APS = \[\frac{Saving\,\,(S)}{Income\,\,(Y)}=\frac{2}{9}\] \[\therefore \] \[\frac{S}{Y}=\frac{2}{9}\] Here, Total Saving (S) = Rs. 2,000 crore [Given] So, \[\frac{2,000}{Y}=\frac{2}{9}\] Y =\[2,000\times \frac{9}{2}\] Rs. 9,000 crore Or National Income = Rs.9,000 crore
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