Question: urgent chaiay Q.4. Given the data below, (a) find the time path of national income (b) Comment on the nature of the time path. Ct

urgent chaiay Q.4. Given the data below, (a) find the time

urgent chaiay

path of national income (b) Comment on the nature of the time

Q.4. Given the data below, (a) find the time path of national income (b) Comment on the nature of the time path. Ct = 150 + 0.6yt-1, It = 40 + 0.16yt-1, yo = 2500

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