If the equilibrium output of the closed economy is 1000 , consumption is 800and investment is 80 deduce g
Solution :-
Output (Y) = Consumption (C) + Investment (I) + G
1000 = 800 + 80 + G
G = 1000 - 880
G = 120
Output (Y) = Consumption (C) + Investment (I) + G
1000 = 800 + 80 + G
G = 1000 - 880
G = 120