Calculate equilibrium level of income 1.autonomy ...

Calculate equilibrium level of income 1.autonomy consumption Rs200 crore 2.MPC 0.9 3.investment Rs1000 crore
  • 3 answers

Saumya Singh 1 month, 2 weeks ago


Manisha Mehra 1 month, 2 weeks ago

C =c—+mpc (Y) C=200+0.9(Y) At equilibrium level S=I Y=C+S. Y =200+0.9Y +1000 Y-0.9Y =1200 0.1Y=1200 Y=1200/0.1 Y=12000 C=Y-S. C=12000-1000 C=11000

Singh Rajput 1 month, 2 weeks ago


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