Question : Find equilibrium level of income from the following
Investment = 250
Autonomous consumption= 50
MPC= 0.80
Option 1: 1100
Option 2: 1000
Option 3: 1200
Option 4: 1500

Question

Question : Find equilibrium level of income from the following
Investment = 250
Autonomous consumption= 50
MPC= 0.80

Option 1: 1100

Option 2: 1000

Option 3: 1200

Option 4: 1500

Team Careers360 · Accepted Answer

Correct Answer: 1500

Solution : C= 50+0.80Y

I=250

Y=C+I

Y= 50+0.80Y+250

0.20Y= 300

Y= 1500 crore.

Hence, Option D is correct.

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Question : Find equilibrium level of income from the following Investment = 250 Autonomous consumption= 50 MPC= 0.80Option 1: 1100Option 2: 1000Option 3: 1200Option 4: 1500

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Question : Find equilibrium level of income from the following
Investment = 250
Autonomous consumption= 50
MPC= 0.80
Option 1: 1100
Option 2: 1000
Option 3: 1200
Option 4: 1500

Question : Find national income from the following:
Autonomous consumption = Rs. 50
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National income= 5000
Autonomous consumption= 200
MPC= 0.75
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Option 2: 1000
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Option 2: 550
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Option 1: 1240
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