Question: Suppose that the marginal propensity to save is dS = 0.5- dy 1 7y+6 (in billions of dollars) and that consumption is $3 billion
Suppose that the marginal propensity to save is dS = 0.5- dy 1 7y+6 (in billions of dollars) and that consumption is $3 billion when disposable income is $0. Find the national consumption function. (Round the constant of integration to the nearest hundredth.) C(y)=
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