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Calculate Investment expenditure: National income = 700 Autonomous consumption = 70 MPC = 0.8 OR Calculate equilibrium level of income from the following: Consumption expenditure at zero level of income = 60 MPC = 0.9 Investment =100 |
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Answer» Calculate Investment expenditure: National income = 700 Autonomous consumption = 70 MPC = 0.8 OR Calculate equilibrium level of income from the following: Consumption expenditure at zero level of income = 60 MPC = 0.9 Investment =100 |
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