`C = 50 + 0.5 Y` is the consumption function where C is consumption expenditure and Y is National Income and investment expenditure is 2,000 in an eco

`C = 50 + 0.5 Y` is the consumption function where C is consumption expenditure and Y is National Income and investment expenditure is 2,000 in an economy.
Calculate (i) Equilibrium level of (National Income) (ii) Consumption expenditure at equilibrium level.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Y = National Income, Consumption Function,
`C = 50 + 0.5 Y` Investment, `I = 2,000`

4 views Answered 2023-02-05 15:29

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