{"id":121538,"date":"2022-05-18T11:52:03","date_gmt":"2022-05-18T06:22:03","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=121538"},"modified":"2022-05-18T11:52:03","modified_gmt":"2022-05-18T06:22:03","slug":"calculate-equilibrium-level-of-income-for-a-hypothetical-economy-for-which-it-is-given-that-a-autonomous-s-investments-%e2%82%b9-500-crores-and-b-consumption-function-c-100-0-80y","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/calculate-equilibrium-level-of-income-for-a-hypothetical-economy-for-which-it-is-given-that-a-autonomous-s-investments-%e2%82%b9-500-crores-and-b-consumption-function-c-100-0-80y","title":{"rendered":"Calculate equilibrium level of income for a hypothetical economy, for which it is given that: a) Autonomous s Investments = \u20b9 500 crores, and b) Consumption function, C = 100 + 0.80Y"},"content":{"rendered":"<h2>Calculate equilibrium level of income for a hypothetical economy, for which it is given that:<br \/>\na) Autonomous s Investments = \u20b9 500 crores, and<br \/>\nb) Consumption function, C = 100 + 0.80Y<\/h2>\n<h3>Answer.<br \/>\nGiven Consumption function is,<br \/>\nC=100+0.8 Y Autonomous investments=500 crores We know, at equilibrium level<br \/>\nY=C+I<br \/>\nY=100+0.8 Y+500<br \/>\nY-0.8Y=600<br \/>\n0.2 Y =600<br \/>\nY= \u20b9 3,000 crores<\/h3>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculate equilibrium level of income for a hypothetical economy, for which it is given that: a) Autonomous s Investments = \u20b9 500 crores, and b) Consumption function, C = 100 + 0.80Y Answer. Given Consumption function is, C=100+0.8 Y Autonomous investments=500 crores We know, at equilibrium level Y=C+I Y=100+0.8 Y+500 Y-0.8Y=600 0.2 Y =600 Y= [&hellip;]<\/p>\n","protected":false},"author":21830,"featured_media":121526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-121538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21830"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=121538"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121538\/revisions"}],"predecessor-version":[{"id":121539,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121538\/revisions\/121539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/121526"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=121538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=121538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=121538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}