Economics · National Income and Equilibrium
Given the saving function S = -20 + 0.2Y and autonomous investment (I) = Rs. 100 million, the equilibrium level of consumption would be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1700 million
- 2400 million
- 3600 million
- 4500 million✓
Correct answer
500 million
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