Given consumption function C = 100+ 75Y and investment
expenditure Rs 1000. Calculate (A) equilibrium level of national
income (4400) (B) Consumption expenditure at equilibrium level of
income (3400).
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A 3,31,100
B 2,55,100
AD=AS
(A) C=100+75X4400=100+3,30,000=3,30,100
C+I=3,30,100+1,000=3,31,100=AD=AS
(B) C=100+75X3400=2,55,100
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