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In an economy C=200+0.5Y is the …

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In an economy C=200+0.5Y is the consumption function where C is the consumption expenditure and Y is the national income. Investment expenditure is rupees 400 crores. Is the economy in equilibrium at an income level rupees 1500 crores? Justify your answer.

Posted by Binita Sharma 5 years, 4 months ago

CBSE > Class 12 > Economics

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Manvi Gupta 5 years, 4 months ago

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