We know that,
C = Y - I .. (1)
At Eqm S = I,
i.e - 20 + 0.2Y = 100 ... (2)
From (2), Y* =120/0.2 = 600 (Eqm. Y)
Therefore, C = Y* - I = 600 - 100 = 500
Please verify!
Yeah it's the correct option. Thank you.....
We know that,
C = Y - I .. (1)
At Eqm S = I,
i.e - 20 + 0.2Y = 100 ... (2)
From (2), Y* =120/0.2 = 600 (Eqm. Y)
Therefore, C = Y* - I = 600 - 100 = 500
Please verify!