to take place to finance autonom consumption. 3. In an economy, C = 300 + 0,8Y and I = 500 (where C = consumption, Y = income, I= investment). Calculate the following: (i) Equilibrium level of income, (ii) Consumption expenditure at equilibrium level.
Answers
Answered by
0
Explanation:
Imagine a system of units in which the unit of mass is 100 kg, length is 1 km and time is 1 minute. Then 1 joule in this system is equal to
Similar questions