मराठी

Given the consumption function \[C = 40 + 0.8Y\] and autonomous investment \[\overline{I} = 10\], the equilibrium level of income is:

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प्रश्न

Given the consumption function \[C = 40 + 0.8Y\] and autonomous investment \[\overline{I} = 10\], the equilibrium level of income is:

पर्याय

  • 200

  • 300

  • 250

  • 50

MCQ
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उत्तर

Equilibrium requires \[Y = C + \overline{I}\]. Substituting: \[Y = 40 + 0.8Y + 10 \Rightarrow 0.2Y = 50 \Rightarrow Y = 250\]. Hence the initial equilibrium income is 250.

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