give the full information about equilibrium
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2
Answer:
)At equilibrium level of output,
AS=AD
Y= C+I
=> Y= 200 + 0.9 Y + 3,000
=> Y - 0.9 Y = 200+ 3,000
=> 0.1 Y = 3,200
=> Y = 3,200/ 0.1 = 32,000 crores
(ii) At equilibrium level of Income, consumption expenditure is
Savings = Investment
)At equilibrium level of output,
AS=AD
Y= C+I
=> Y= 200 + 0.9 Y + 3,000
=> Y - 0.9 Y = 200+ 3,000
=> 0.1 Y = 3,200
=> Y = 3,200/ 0.1 = 32,000 crores
(ii) At equilibrium level of Income, consumption expenditure is
Savings = Investment
= 3000 crores
Answered by
1
Answer:
Equilibrium:-when a number of forces acting on a body produce no change in its state of rest or motion,the body is in equilibrium.
Types of equilibrium:-
1)static equilibrium
2) Dynamic equilibrium
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