Calculate the equilibrium level of income in the economy.
C=500+(0.9)Y
Investment expenditure = 3,000
1
Rs. >55,000.
2
Rs. >85,000
3
Rs. >35,000.
4
Rs. >95,000.
Calculate the equilibrium level of income in the economy.
C=500+(0.9)Y
Investment expenditure = 3,000