Question: a) Given, C = 100 + 0.74Y, I = 5000 Calculate (i) Equilibrium level of Income (Y) (ii) Consumption expenditure (C) at that level of
a) Given,
C = 100 + 0.74Y, I = 5000
Calculate
(i) Equilibrium level of Income (Y) (ii) Consumption expenditure (C) at that level of income
b) Illustrate the major challenges that Bangladesh Economy is facing in the ongoing Covid-19 Pandemic.
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