Economics · Macroeconomics
Which of the following equations correctly represents the relationship between national income (Y), consumption (C), and investment (I) in the famous basic Keynesian model?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Y = C × I
- 2Y = C ÷ I
- 3Y = C + I✓
- 4Y = C - I
Correct answer
Y = C + I
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