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Given consumption function C=100+0.75 Y ...

Given consumption function C=100+0.75 Y and investment expanditure Rs. 1,000, calculate :
(i) Equilivrium level of national income
(ii) Consumption expenditure at equilibrium level of national income
what changes will takes place to bring economy equilibrium if
(i) planned savings are greater than plnned investment and
(ii) planned savings are less than planned investment .

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