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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