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Give the full information about equilibrium NO SPAMdon't give irrelevant answers |
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Answer» )At EQUILIBRIUM level of output,AS=ADY= C+I=> Y= 200 + 0.9 Y + 3,000=> Y - 0.9 Y = 200+ 3,000=> 0.1 Y = 3,200=> Y = 3,200/ 0.1 = 32,000 CRORES(ii) At equilibrium level of Income, CONSUMPTION expenditure is Savings = Investment)At equilibrium level of output,AS=ADY= C+I=> Y= 200 + 0.9 Y + 3,000=> Y - 0.9 Y = 200+ 3,000=> 0.1 Y = 3,200=> Y = 3,200/ 0.1 = 32,000 crores(ii) At equilibrium level of Income, consumption expenditure is Savings = Investment= 3000 crores |
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