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Question no. 15 economics chapter 7 …

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Question no. 15 economics chapter 7 macroeconomics
  • 7 answers

Jothi Jain 6 years, 4 months ago

Sry its 0.8y in first step Mpc=1-mps =1-0.2=0.8

Jothi Jain 6 years, 4 months ago

Y=c—+by+i =100+0.7y+200 1y-0.8y=300 Y=300/0.2=1500

Anoop Gupta 6 years, 4 months ago

Use Formula C=c+by. Where y =c+i

Sakshi Tiwari 6 years, 4 months ago

Can you please provide solution to me i have applied but i am not able to solve it

Sakshi Tiwari 6 years, 4 months ago

The question is of aggregate demand and answer will be 1050 but i want the solution

Jothi Jain 6 years, 4 months ago

Use formula c=c—+by in y =c+i

Jothi Jain 6 years, 4 months ago

National income is 1000
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