(iii) What is the level of consumption at equilibrium level of income? 13. Suppose Consumption C =...
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(iii) What is the level of consumption at equilibrium level of income?
13. Suppose Consumption C = 40 + 0.75(Y – 80)
Investment I = 140 – 10i Government expenditure G = 100 Money demand M d = 0.2Y – 5i Money supply M s = 85
(i is % interest rate; other figures in Rs crore).
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