Mukesh Kumar Nayak posted an Question
September 09, 2021 • 04:11 am 30 points
  • UGC NET
  • Economics

In an economy, the consumption function is 100 +0.8y, the investment and government expenditure are rs. 100 each. the exports are rs. 200 and imports are rs. 25

In an economy, the consumption function is 100 +0.8Y, the investment and government expenditure are Rs. 100 each. The exports are Rs. 200 and imports are Rs. 250. What is the equilibrium level of income? (a) Rs. 1000 (b) (c) (d) Rs.1450 Rs. 1200 Rs. 1250

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