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In an economy C=200+0.75Y is the consump...

In an economy C=200+0.75Y is the consumption function where C is consumption expenditure and Y is national income. Investment expenditure is 4000. Calculate equilibrium level of income and consumption expenditure.

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In an economy C=200+0.5Y is the consumption function where C is the consumption expenditure and Y is the national income. Investment expenditure is 400 crore. It is the economy in equilibrium at incom level 1500 crores? Justigy your answer.

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