Question: This question is based on the following information: Autonomous consumption = 200 Investment spending = 300 Marginal propensity to consume = 0,80 The equilibrium level

This question is based on the following information:

  • Autonomous consumption = 200
  • Investment spending = 300
  • Marginal propensity to consume = 0,80

The equilibrium level of income is___________.

a.2000

b.2500

c.1000

d.4000

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