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

In an Economy , total savings are rs. 2000 crores and the ratio of average propensity to save and average propensity to consume is 2: 7. Calculate the level of income in the economy?

Which of the following are components of aggregate demand?

(A) Autonomous Investment

(B) Autonomous Consumption

(C) Induced investment

(D) Induced consumption

Choose the correct answer from the options given below:

During festive season, the currency deposit ratio

In an imaginary economy, the planned spending falls short of planned output at a certain level of employment. Arrange the following consequences of the same in sequential order.

(A) Unintended accumulation of inventories.

(B) The employment level falls.

(C) The output and income fall and the equilibrium is restored.

(D) Producers plan to produce less in the next period.

Choose the correct answer from the options given below:

If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase - it will either decline or remain unchanged. This result is known as the___.

Which one of the following statements is correct regarding equilibrium level of income in an economy?