Find C at equilibrium Y when: $Y = 6, 000$ and $C = 100 + 0.75 Y$ .

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Solution

Given, $C = 100 + 0.75 Y$

Or, $C = 100 + 0.75 (6, 000)$

$= 100 + \frac{75}{100} \times 6, 000$

$= 100 + 4, 500 = 4, 600$ .

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