ECONOMICS- CLASS XII- NATIONAL INCOME-WORKSHEET 1

1. Given the aggregate consumption expenditure function C= 150+0.8Y and autonomus investment Io= ₹1500 crore, calculate the equilibrium level of Y

2. In an economy the aggregate savings function is S= -70+0.4Y, and the aggregate autonomous investment Io= ₹500 crore, calculate the equilibrium level of Y

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ECONOMI8CS PRACTICE SET 1 CLASS XII

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