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An economy is in equilibrium,find consumption from the following income 1000,mps0.2, investment 100 ?
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Most Upvoted Answer
An economy is in equilibrium,find consumption from the following incom...
Income is 1000 and investment is 100 so investment and saving is equal so saving is also 100 the y= c+s then 1000=c+100 so c= 900
Community Answer
An economy is in equilibrium,find consumption from the following incom...
C=Y-I
now,C=1000-100=900
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An economy is in equilibrium,find consumption from the following income 1000,mps0.2, investment 100 ?
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