Identify the correct expression to calculate equilibrium level of income of an economy. Option 1: (C + I)/MPC Option 2: (C + I)/MPS Option 3: C/MPC Option 4: I/MPS

The answer is '(C + I)/MPS'. View full solution:

CUET Economics - Identify the correct expression to calculate equilibrium level of income of an economy. | PYQs + Solutions

CUET Economics 2025 15 May Shift 1

Macro

Medium

$(\bar{C} + \bar{I})/MPC$

$(\bar{C} + \bar{I})/MPS$

$\bar{C}/MPC$

$\bar{I}/MPS$

✅ Correct Option: 2

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