Home / Questions / In a two-sector economy the consumption function is equal to 8 + 0.7Y and autonomous inves

In a two-sector economy the consumption function is equal to 8 + 0.7Y and autonomous inves

In a two-sector economy the consumption function is equal to 8 + 0.7Y and autonomous investment is equal to 22. The equilibrium level of income in the economy is

[A]21
[B]30
[C]43
[D]100

Jan 10 2018 Read more Less More

Answer (Solved)

question Subscribe To Get Solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form