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Answer to Question #237965 in Macroeconomics for Joyde
Question #237965
Calculate the equilibrium income level Y given the following information:
Autonomous Consumption = 174
Marginal Propensity to Save = 0.48
Investment = 155
Expert's answer
C=174, I=155
"Y = C + I \\\\\n\nY =174 + 155 = 329"
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