Question: Suppose ( i) C = 50 + 0.75 Y ( ii) I = 50 ( iii) I = 10 ( a) derive saving function

Suppose

( i) C = 50 + 0.75 Y

( ii) I = 50 ( iii) Δ I = 10

(

a) derive saving function

(

b) work out the multiplier and (

c) find Δ Y.

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