Given the Consumption function of an Economy
C = Rs. 100 crore + 0.8 Y
At the equilibrium level of income, Investment is Rs. 800 crore,
The equilibrium level is _________ .
1
Rs. 5,500 crore
2
Rs. 4,500 crore
3
Rs. 6,500 crore
4
More than one of the above
5
None of the above