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jnu 2011

Posted by manisha sachdeva on May 03, 2014; 5:13pm
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7588420.html

consider an economy whre Y =C+I.
FOR values Y LESS THAN OR EQUAL TO 1500(Y<1500) , C= 200+0.6Y AND ANY AMOUNT OF AGGREGATE INCOME IN EXCESS OF 1500 UNITS CURRENCY IS ENTIRELY SAVED IN THE ECONOMY.IF THE FULL EMPLOYMENT LEVLE OF INCME IS 1750.
WHAT IS THE MINIMUM VALUE OF I NECESSARY TO ENSURE FULL EMPLOYENT IN THE ECONOMY ?
PLZ EXPLAINS THE STEP ALSO? PLZ