Question: no government. Suppose the consumption function is given by C = 1 0 0 + . 8 Y , whereas investment is given by /
no government. Suppose the consumption function is given by C Y whereas
investment is given by
What is the equilibrium level of income in this case?
What is the level of saving in equilibrium?
If for some reason, output is at the level of what will the level of involuntary inventory accumulationbe
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