From the following data calculate the equilibrium level of national income. National income=500 Marginal propensity tosave=0.2 Autonomous consumption

Question

From the following data calculate the equilibrium level of national income. National income=500 Marginal propensity tosave=0.2 Autonomous consumption

From the following data calculate the equilibrium level of national income.
National income=500
Marginal propensity tosave=0.2
Autonomous consumption expenditure=2000

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

Equilibrium Level of income=12500

4 views Answered 2023-02-05 15:29