HARD
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Given the following information, identify whether the economy is in equilibrium or not:

  Particulars Amount
(i) Autonomous Consumption and Investment Expenditure (A) Rs. 200 crores
(ii) Marginal Propensity to Consume (MPC) 0.70
(iii)  National Income Rs. 1,000 crores

 

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Important Questions on Determination of Income and Employment

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Economics>Macroeconomics>Determination of Income and Employment>Determination of Equilibrium Income
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Economics>Macroeconomics>Determination of Income and Employment>Determination of Equilibrium Income
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Economics>Macroeconomics>Determination of Income and Employment>Determination of Equilibrium Income
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