Answer:
\[MPC=2/3\] \[\Delta I=\] Rs. 300 crores \[k=[1\div (1MPC)]\] \[=[1\,\div \,(12/3)]\] \[\frac{1}{1-\,MPC}=\,\frac{1}{1-\frac{2}{3}}\] \[\frac{1}{\frac{1}{3}}=3\] \[k=\Delta Y/\Delta I\] \[3=\,\Delta Y/300\] \[\Delta Y=300\times 3\] = Rs. 900 crore Increases in national income is Rs. 900 crore.
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