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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
can you help me this please
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
can you help me this please