If an economy (a) Consumption function is given by C=100+0.75Y. And (b)Autonomous Investment is 150 crore. Estimate (i) Equilibrium level of income an

Question

If an economy (a) Consumption function is given by C=100+0.75Y. And (b)Autonomous Investment is 150 crore. Estimate (i) Equilibrium level of income an

If an economy (a) Consumption function is given by C=100+0.75Y. And (b)Autonomous Investment is 150 crore. Estimate (i) Equilibrium level of income and (ii) Consumption and Saving at the Equilibrium level of income.

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

(i)1000croress, (ii) Consumption=850crores, Saving=150Crores

5 views Answered 2023-02-05 15:29