Sum

Economics

I cannot understand part (c) ,how they are using this formula, any interrelated concept is there with this formula?

Sathiya Bama

CA Final

★ 24K+

21-May-22 15:48

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Answers (1)

Best Answer

Look at how answer A is obtained. Instead of Investment being 180, add 120 to it (Making investment 300) and solve it accordingly. You will get new equilibrium level of income as 1500

frenil dsouza

Faculty

25-May-22 12:49

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