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The value of marginal propensity to …

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The value of marginal propensity to consume is 0.6 and initial income in the economy is rs.100 .Prepare a schedule showing income, consumption and saving. Also show the equilibrium level of income by assuming autonomous investment of rs. 80crore
  • 2 answers

Nayra Gupta 7 years, 8 months ago

(C=...60,120,180,240)(S=40,80,120,160) (Y= 100,200,300,400) (I=80,80,80,80). Equilibrium =S=I At income level 200 ...S=I=80.

Shreya Baweja 7 years, 8 months ago

200 is equilibrium income
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