CUET Economics - If C= X+0.6Y & Investment is Rs 1,500 Equilibrium level of income in economy would be 4050, find out the autonomous consumption. | PYQs + Solutions

CUET Economics

Macro

Medium

-120

100

120

-100

✅ Correct Option: 3

Related questions:

28 May Shift 2

When $C = 70 + 0.5Y$ and $I = 40$ , what is the equilibrium income?

2 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Marginal Propensity to Consume	(I) C/Y
(B) Marginal Propensity to Save	(II) ΔC/ ΔY
(C) Average Propensity to Save	(III) S/Y
(D) Average Propensity to Consume	(IV) ΔS/ ΔY

Choose the correct answer from the options given below:

3 June Shift 1

Due to weakening of global economic activity, level of aggregate demand ___________ in the economy.

CUET Economics PYQs