Suppose for a given economy,

S= -60 + 0.1Y
I= ₹ 4,000 crore

(Where S = Saving Function, Y = National Income and I = Investment Expenditure)

Equilibrium level of Income would be ₹ ______ crore.
(Choose the correct alternative to fill up the blank)
Alternatives:

a) 4,000
b) 40,000
c) 40,600
d) 60,400

Solution