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      Question

      In an economy, S=-100+0.6Y is the saving function. If

      investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of national income:
      A 1000 Correct Answer Incorrect Answer
      B 900 Correct Answer Incorrect Answer
      C 800 Correct Answer Incorrect Answer
      D 750 Correct Answer Incorrect Answer

      Solution

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