Determining national income
Suppose an economy is in equilibrium condition. Its consumption function is C = 300 +0.8Y and investment is 700 find out its national income.
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C = 300+0.8 YY = C+IY = 300 + 0.8Y + 700=1250
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Please give me a quote for this uploaded assignment. I need it by the 10th of may 2013. Thank You
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