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Question : The equilibrium level of income in an economy is Rs. 3000 crore. The autonomous consumption expenditure is equal to Rs.250 crore and investment expenditure is Rs. 1000 crore. Calculate consumption expenditure.

Option 1: 3000

Option 2: 1500

Option 3: 2000

Option 4: 1000


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 2000


Solution : Y= C+I

3000=C+1000

C= 2000

Hence, Option C is correct.

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