Question No. 5:If Consumption(C)= 140+0.9Y, and Investment(I)=400,a) Calculate the equilibrium level of national income. b) What is
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Question No. 5:If Consumption(C)= 140+0.9Y, and Investment(I)=400,a) Calculate the equilibrium level of national income.
b) What is the value of MPC?
c) Also Determine the value of MPS.
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