12. *An economy shows the following features: Consumption C = 80 + 0.8Y d (where, Y d...
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12. *An economy shows the following features:
Consumption C = 80 + 0.8Y d
(where, Y d = Disposable income)
Tax T = 60 + 0.2Y
(where, Y = National income)
Investment I = 200 – 10r
(where, r = Rate of interest, percentage)
Transfers T R = – 40
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