At equilibrium Y=C+I. Substituting, 4050=X+0.6(4050)+1500. So 4050=X+2430+1500=X+3930, giving X=120. Autonomous consumption is 120.
CUET UG 2023 — Economics Macro
If C= X+0.6Y & Investment is Rs 1,500 Equilibrium level of income in economy would be 4050, find out the autonomous consumption.
Verified 13 Jul 2026.
-120
100
120
-100
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