in an economy aggregate demand function is given by : AD= 180 crore + 0.81 autonomous consumption = 100 crore
1) calculate the equilibrium level of income 2) how much is the saving at equilibrium level of income calculate
Dear Student,
Your question seems to be unclear as the value of CY i.e., 0.81 or autonomous consumption = 100 crore seems to be incorrect. As, the MPC = 1 − MPS cannot be obtain from the information above provided by you.
Kindly recheck your question and get back to us with proper question. You can post the image form also for better understanding.
Regards.
Your question seems to be unclear as the value of CY i.e., 0.81 or autonomous consumption = 100 crore seems to be incorrect. As, the MPC = 1 − MPS cannot be obtain from the information above provided by you.
Kindly recheck your question and get back to us with proper question. You can post the image form also for better understanding.
Regards.