The change in equilibrium output 120.
The equilibrium output is the factor wherein deliberate mixture expenditure is identical to national profits output. The equilibrium price is the factor in which the value of a product and the call for that product intersect, developing a rate compromise. on the equilibrium fee, there may be a balance between customers shopping for the product and agencies presenting the product.
I the call for and deliver change within the equal direction, the change inside the equilibrium output may be decided, however the change in the equilibrium price cannot. a. If both call for and deliver an increase, there could be an increase within the equilibrium output, however, the effect on rate cannot be decided.
investment increases by 60
c = 50.50dy
dy = (1/1-mpc) dI where, dI =change in investment
∴ dy = (1 / 1 - 0.5)*60 dy = change in equilibrium output
= 2 * 60 Mpc = 0.5
= 120
Hence, the equilibrium output is 120.
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