Question: 1) The consumption function is given as C = 200 + 0.7 Yd. If income is RM1,500 and net taxes are RM50, saving equals to:
1) The consumption function is given as C = 200 + 0.7 Yd. If income is RM1,500 and net taxes are RM50, saving equals to:
2) Given that the saving function in a two sector economy is S = - 80 + 0.15Yd, then the value of multiplier in this economy is:
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