Question

In an economy S = -100 + 0.25 Y is the saving -function ( where S = Saving and Y = National Income) and investment expenditure is ₹8000. Calculate a. Equilibrium Level of Income b. Saving at equilibrium level of national income c. Consumption Expenditure at equilibrium level of national Income.

Answer 1

Answer:

or

macroeconomics: (i) National Income, (ii) Supply by a firm, (iii) Cotton textile, (iv)

Government budget, (v) Price determination of a commodity, (vi) Employment