Fromt the following data about an economy, calculate, (a) Equilibrium level of national income, and (b) Total consumption expenditure at equilibrium l

Fromt the following data about an economy, calculate, (a) Equilibrium level of national income, and
(b) Total consumption expenditure at equilibrium level of income national income.
(i) C=200+0.5Y is the consumption funciton where C is consumption expenditure and Y is national income.
(ii) Investment expenditure is 1500

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Correct Answer - (a) 3400 (b) 1900

4 views Answered 2023-02-05 15:29

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