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A certain economy's consumption function
An economy's consumption function is depicted in the table below.
Disposable Income Y ($, billions): 0, 125, 250, 375, 500,
15 answers
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111
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In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=250 + 0.8Y
.
7 answers
asked by
111
244 views
An economy's consumption function is depicted in the table below.
n econoDisposable Income (Yd)($ billions): 0, 120,
9 answers
asked by
111
262 views
An economy's consumption function is depicted in the table below.
Disposable Income (Y Sd)($, billions): 0, 100, 200,
7 answers
asked by
111
248 views
An economy's consumption function is depicted in the table below.
Disposable Income (Y Sd)($, billions): 0, 100, 200,
9 answers
asked by
111
271 views
4. Consider a hypothetical economy.
a.The consumption function is given by 𝑪 = 𝟐𝟎𝟎 + 𝟎. 𝟕𝟓(𝒀 − 𝑻 ).
1 answer
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Consider the simple economy of Behr, whose government does not tax its citizens. The consumption function of Behr is given by:
2 answers
asked by
Mary
723 views
A certain economy's consumption function is given by the equation
C(x)=0.75x+5 where C(x) is the personal consumption expenditure
2 answers
asked by
Rob
2,354 views
In a two-sector economy, if the consumption function is C = 10 + 0.8Y and planned investment is R15, the equilibrium expenditure
1 answer
asked by
pule
25 views
In a two-sector economy, if the consumption function is C = 10 + 0.8Y and planned investment is R15, the equilibrium expenditure
1 answer
40 views