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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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