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If in an economy consumption function …

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If in an economy consumption function is Qx=400+0.95y and autonomous investment is 300 then find Equilibrium level of income Consumption expenditure Investment multiplier

    • Posted by Jashanpreet Kaur 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nikhil Kumar 7 years ago

    Multiplier =20 with the help of MPC=.95 and then you calculate income

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