Sandeep Garg Macroeconomics Class 12 Chapter 4 Solutions Better Now
\[National Income = rac{ar{C} + I + G + (X - M)}{1 - c}\]
\[National Income = rac{100 + 50 + 20 + (30 - 10)}{1 - 0.8}\] sandeep garg macroeconomics class 12 chapter 4 solutions
Where: C = Consumption \(ar{C}\) = Autonomous consumption c = Marginal propensity to consume Y = National income \[National Income = rac{ar{C} + I + G
\[C = ar{C} + cY\]
\[National Income = rac{190}{0.2}\]