# Answer to Question #13131 in Macroeconomics for gregory

Question #13131

given Investment = 900, consumption=600+0.6yd

calculate the the equilibrium level of income

calculate the the equilibrium level of income

Expert's answer

Y = C+I

Y= 600 + 0.6Y + 900

0.4Y = 1500

Y = 1500/0.4

Y=3750

Y= 600 + 0.6Y + 900

0.4Y = 1500

Y = 1500/0.4

Y=3750

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