C=40+0.8Y and I =10, then what will be the equilibrium level of income? Option 1: -300 Option 2: -250 Option 3: 300 Option 4: 250

The answer is '250'. View full solution:

CUET Economics - C=40+0.8Y and I =10, then what will be the equilibrium level of income? | PYQs + Solutions

CUET Economics

Macro

Easy

-300

-250

300

250

✅ Correct Option: 4

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