Suppose C = 40 + 0.80Y, I = 60 and C = 10; then equilibriun income in

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Suppose C = 40 + 0.80Y, I = 60 and C = 10; then equilibriun income in a three-sector economy will be

(a) 530

(b) 550

(c) 510

(d) 525

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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