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16:08
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ECON MATHS
find MPC , multiplier , investment multiplier , equilibrium level of income from Keynesian model
in basic Keynesian macro economic model it assurmed that Y= C+I where I=820and C=60+0.8y Then What is the marginal propensity to consume? what is the equilibrium level of income? what is the value of Multiplier what increase in I is required to increases Y to 5000
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