Question

receptes relating to com 17. (a) On the basis of following information, identify whether the economy is in equilibrium not: Particulars (0) Autonomous consumption and investment expenditure (A) (11) Marginal propensity to save (MPS) (10) National income RACO (b) Answer the following questions on the basis of given figure: S = -50 - 0.27 SAVINGS B INCOME A А () What does the shaded area AOB indicate? (ii) What is the significance of point B?oo​

Answer 1

Answer:

receptes relating to com 17. (a) On the basis of following information, identify whether the economy is in equilibrium not: Particulars (0) Autonomous consumption and investment expenditure (A) (11) Marginal propensity to save (MPS) (10) National income RACO (b) Answer the following questions on the basis of given figure: S = -50 - 0.27 SAVINGS B INCOME A А () What does the shaded area AOB indicate? (ii) What is the significance of point B?oo