Suppose that the marginal propensity to save is dS/dy = 0.2 - 0.1e -2y and consumption is

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Suppose that the marginal propensity to save is

dS/dy = 0.2 - 0.1e^-2y

and consumption is $7.8 billion when disposable income is $0. Find the national consumption function.

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Nov 16, 2020 02:19 AM

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Suppose that the marginal propensity to save is dS/dy = 0.2 - 0.1e -2y and consumption is

Question:

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ds dy 0201e2y dC dy dC dy f...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

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