7. Suppose a consumption function is given as C = 100 + 0.8Y and stock of capital...

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7. Suppose a consumption function is given as C = 100 + 0.8Y and stock of capital is fixed at Rs 200. Based on this information, draw an aggregate demand function.

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Macroeconomics Theory And Policy

ISBN: 9780070091450

3rd Edition

Authors: D.N. Dwivedi

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Question Posted: Nov 07, 2024 04:00 AM

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7. Suppose a consumption function is given as C = 100 + 0.8Y and stock of capital is fixed at Rs 200. Based on this information, draw an aggregate demand function.
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7. Suppose a consumption function is given as C = 100 + 0.8Y and stock of capital...

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Macroeconomics Theory And Policy

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