1.

Estimate the value of Aggregate Demand in an economy if : `{:("(a) Autonomous investment (I) ",,"= Rs. 100 crore."),("(b) Marginal Propensity to Save",,"= Rs. 0.2"),("(c) Level of Income (Y)",,"= Rs. 4,000 crores."),("(d) Autonomous Consumption Expenditure (c) ",,"= Rs. 50 crore"):}`

Answer» `{:("AD = C + I"),(" = "bar(C)"+MPC (Y)+I"):} `
`{:("= 50 + ( - 0.2) ( 4,000) + 100"),("= 50 + 3,200 + 100"):}`
`{:(),(" = Rs. 3,350 crore"),():}`


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