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18 In a closed economy with no government, consumption is three-quarters of income at all levels of
income.
The present equilibrium level of income is $220 million.
The full employment level of income is $240 million.
By how much would investment have to increase to reach full employment?
A $5 million B $15 million C $20 million D $30 million
How to get the answer, thanks in advance.
income.
The present equilibrium level of income is $220 million.
The full employment level of income is $240 million.
By how much would investment have to increase to reach full employment?
A $5 million B $15 million C $20 million D $30 million
How to get the answer, thanks in advance.