Question : Find equilibrium level of income from the following-
Investment = 50
Autonomous consumption= 20
MPC= 0.80
Option 1: 350
Option 2: 600
Option 3: 500
Option 4: 400

Question

Question : Find equilibrium level of income from the following-
Investment = 50
Autonomous consumption= 20
MPC= 0.80

Option 1: 350

Option 2: 600

Option 3: 500

Option 4: 400

Team Careers360 · Accepted Answer

Correct Answer: 350

Solution : C=20+0.80Y

I= 50

Y=C+I

Y= 20+0.80Y+50

0.20Y= 70

Y= 350

Hence, Option A is correct.

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Question : Find equilibrium level of income from the following- Investment = 50 Autonomous consumption= 20 MPC= 0.80Option 1: 350Option 2: 600Option 3: 500Option 4: 400

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Question : Find equilibrium level of income from the following-
Investment = 50
Autonomous consumption= 20
MPC= 0.80
Option 1: 350
Option 2: 600
Option 3: 500
Option 4: 400

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
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Autonomous consumption = Rs. 50
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Investment = 200
Option 1: 1200
Option 2: 1000
Option 3: 1250
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Autonomous consumption= 50
MPC= 0.75
Option 1: 450
Option 2: 550
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National income= 5000
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Option 1: 1250
Option 2: 1000
Option 3: 2000
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Autonomous consumption = Rs. 60
MPC= 0.75.
Investment = 250
Option 1: 1240
Option 2: 1220
Option 3: 1320
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