Given a consumption function of the form C = Ca + c(Y - T) and T =

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Given a consumption function of the form C = Ca + c(Y - T) and T = Ta + tY, write the formula for the expanded consumption function. Write the formula for the expanded saving function that is implied by the stated consumption function.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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