What is the equilibrium condition in the equati... - SS3 Economics Equilibrium of Income, Consumption And Investment Question
What is the equilibrium condition in the equation Y = C + I?
A
The level of output is equal to the level of expenditure
B
The level of consumption is equal to the level of investment
C
The level of income is equal to the level of savings
D
The level of investment is equal to the level of savings
correct option: a
Please share this, thanks:
Add your answer
No responses