You are given the following data concerning Zambia: 1... Consumption function: C = 200 + 0.8Y...
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You are given the following data concerning Zambia: 1... Consumption function: C = 200 + 0.8Y Investment function: I 100 AE =C + | AE = Y ..... .... 12. What is the marginal propensity to consume in Zambia? * 2 points Your answer 13. What is the marginal propensity to save in Zambia? * 2 points Your answer 14. Find the equilibrium level of Aggregate income 2 points 234 You are given the following data concerning Zambia: 1... Consumption function: C = 200 + 0.8Y Investment function: I 100 AE =C + | AE = Y ..... .... 12. What is the marginal propensity to consume in Zambia? * 2 points Your answer 13. What is the marginal propensity to save in Zambia? * 2 points Your answer 14. Find the equilibrium level of Aggregate income 2 points 234
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12 Marginal propensity to consume in Zambia dCdYd20008YdY00808 13 Margi... View the full answer
Related Book For
Principles of Macroeconomics
ISBN: 978-0134078809
12th edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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