Home
Class 12
ECONOMICS
Given consumption function C=100+0.75...

Given consumption function C=100+0.75 Y ` ( where ,C= consumption expenditure and Y=National income ) and investment expenditure Rs. 1,000 calculate the following :
(i) Equilibrium level of national income ,
(ii) consumption expenditure at equilibrium level of national income .

Promotional Banner

Similar Questions

Explore conceptually related problems

Given consumption function C= 100+ 0.75Y (where C= consumption expenditure and Y= national income) and investment expenditure Rs. 1,000, calculate: ("i) Equilibrium level of national income, (ii) Consumption expenditure equilibruim level of national income.

in an economy S= -50+0.5 Y is the saving function ( where ,S=saving and Y =National income ) and investment expenditure is Rs. 7,000 calculate the following : (i) Equilibrium level of national income , (ii) consumption expenditure at equilibrium level of national income .

C=50+0.5Y is the consumption function where C is Consumption Expenditure and Y is National Income. Investment expenditure is 2,000 in an economy Calculate(i) Equilibrium level of (National) Income, (ii) Consumption expenditure at equilibrium level of national income.

C=100+0.4Y is the consumption function of an economy where C is Consumption Expenditure and Y is National Income. Investment expenditure is 1,100 Calculate(i) Equilibrium level of National Income, (ii) Consumption expenditure at equilibrium level of national income.