1.

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

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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