6. Given the consumption function in the economy C = Rs.100 crores + 0 – InterviewSolution

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6. Given the consumption function in the economy C = Rs.100 crores + 0.8Y. Theequilibrium level of income is Rs. 800 crores. The values of two components of the consumption function when the economy is in equilibrium are __________________

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Answer:

GDP GROSS DOMESTIC PRODUCT .

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