Calculate equilibrium level of income for a hypothetical economy, for which it is given that: Autonomous Investments = ₹ 500 crores, and Consumption function, C = 100 0.80Y - Economics | Shaalaa.com
Calculate equilibrium level of income for a hypothetical econom…
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Calculate equilibrium level of income for q hypothetical econom... | Filo
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An open economy is in equilibrium when Y=C I G X-M where Y= national income C= consumption I= investment G= government expenditure X= exports M= imports Determine the equilibrium level of income given that C=0.8 Y 80 I=70 G=130 X=100 M=0.2 Y 50 | Numerade
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