Question: C = 100 + 0,80Y, what is the savings function in the simple Keynesian model? 1) S = -100 + 0,20Y 2) S = 100

C = 100 + 0,80Y, what is the savings function in the simple Keynesian model?

1) S = -100 + 0,20Y

2) S = 100 + 0,20 Y

3) 0.20

4) 5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!