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Mps=0.2 Equilibrium levels of income=22,500 Autonomous …

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Mps=0.2 Equilibrium levels of income=22,500 Autonomous consumption=500 Investment expenditures=?

    • Posted by Amanjeet Gupta 4 years, 4 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Dhruv Goel 4 years, 4 months ago

    At equilibrium level saving =investment Using saving function S =-AC +mps(income) =-500+0.2(22500) =-500+4500 =4000

    3Thank You

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