Suppose C = 40 + 0.80Y ct' I= 60, G = 10, T = 10 (Y ct

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Suppose C = 40 + 0.80Y ct' I= 60, G = 10, T = 10 (Y ct = Y - T), then equilibrium national income will be

(a) 530

(b) 550

(c) ,'110

(d) 525

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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