MC - Eqilibrium income? (1 Viewer)

truly-in-bliss

my love is like woah!
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what did you get for the eqilibirum income..i think the answers were something lyk

a) 100
b) 150
c) 500
d) 700.....

i put down c, and after reworking i think d is the answer.....


anione got the question? i left mine with teacher..
 

beemo

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Sep 8, 2003
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d) 700
for equilibrium, l
leakages = injections
y - (100 + 0.8y) = 40
y - 100 - 0.8y = 40
y- 0.8y = 140
0.2y = 140
y =700

i hope
 

LaZy_KoReAn

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lol, i picked C in the first place, but luckily i had 5 minutes left and corrected my answer :D
 

PG5

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i got it from the other MC question where it had a diagram and it showed the equillibirum income. So Y = C + I
:)
i got d
 

ChaoS-GoD

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in happy-happy 96.25 land!!
haha! i laughed so hard at the ppl in my school that didnt do maths, coz EVERY one of them got that q wrong (as well as some x1 maths students). even after my friend and i sat down to explain to two of them, they had the most lost face you'll ever see! LOL!!!!!
 

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