Question: Question 2 A. Explain the concept circular flow and list TWO (2) of its sectors B. If C = 20 + 0.5y I= 600 G


Question 2 A. Explain the concept circular flow and list TWO (2) of its sectors B. If C = 20 + 0.5y I= 600 G = 0.2y X = 250 M = 200 Calculate the following: i. Marginal propensity to consume ii. The multiplier iii. The Equilibrium Income
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