Question:medium

If consumption is \(C=40+0.75Y\), Investment is \(I=60\), the output, consumption and saving at the equilibrium will be respectively

Show Hint

For a two-sector economy, use \(Y=C+I\). After finding \(Y\), calculate \(C\), then saving using \(S=Y-C\).
Updated On: May 22, 2026
  • 400, 60, 340
  • 340, 400, 60
  • 400, 340, 60
  • 440, 300, 60
Show Solution

The Correct Option is C

Solution and Explanation

Was this answer helpful?
0


Questions Asked in CUET (PG) exam