DESTION TWO
The information given below relates to the national income of a closed economy
aut...
Business, 17.05.2021 14:50 rafaellazaro60pcw3w5
DESTION TWO
The information given below relates to the national income of a closed economy
autonomous consumption is 100billon
level of investment is 210billion
government expenditure is 380billion
marginal prosperity to consume is 0.5
Calculate
0 The equilibrium national income
(2 mark
1) Consumption expenditure
(2 mark
1) Aggregate savings at the equilibrium
(2 mark​
Answers: 1
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