Question

c= 30+ 0.75y I= 30 g= 40 find equilibrium output level in three sector economy​

Answer 1

Answer:

To find Equilibrium level of output :

Y = C + I + G

Y = 30 + 0.75Y + 30 + 40

Y = 30 + 0.75Y + 70

Y = 0.75Y + 100

Y - 0.75Y = 100

0.25Y = 100

Y = 100/0.25 ( divide)

Y = ₹ 400