In an economy, C = 100 + 0.9Y and J= 700. Calculate the following : (i) Equilibrium level of income (ii) Consumption expenditure at equilibrium level

Question

In an economy, C = 100 + 0.9Y and J= 700. Calculate the following : (i) Equilibrium level of income (ii) Consumption expenditure at equilibrium level

In an economy, C = 100 + 0.9Y and J= 700. Calculate the following :
(i) Equilibrium level of income
(ii) Consumption expenditure at equilibrium level of income.

Monjur Alahi

4 views

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

Correct Answer - 80007300

4 views Answered 2023-02-05 15:29