If the consumption function C=10+0.5Y and Investment is ₹ 200, then what will be the equilibrium level of Income?
CA Foundation · Business Economics · PYQS · September 2025
If the consumption function C=10+0.5Y and Investment is ₹ 200, then what will be the equilibrium level of Income?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 420
Topics: Determination of National Income
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