Question
Find C at equilibrium Y when Y = 6,000 AND C = 100 + 0.75Y.
Answer: Option B
:
B
Given, C = 100 + 0.75Y
OR, C = 100 + 0.75(6,000)
=100+75100×6,000
= 100 + 4,500 = 4,600.
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:
B
Given, C = 100 + 0.75Y
OR, C = 100 + 0.75(6,000)
=100+75100×6,000
= 100 + 4,500 = 4,600.
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