Question: According to the consumption function stated above, consumption is a function of disposable income.This implies that the saving schedule is _____.If consumption was a function
According to the consumption function stated above, consumption is a function of disposable income.This implies that the saving schedule is _____.If consumption was a function of disposable income and the real interest rate, such thatC= 1,000 + 0.75(Y-T) - 50r, the saving schedule would be _____.
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