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emyleepatton emyleepatton
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4 years ago
Let S =y - (150 + 0.6y). Assume no government or foreign sectors. What is the consumption function?

▸ C = 150 + 0.4y

▸ C = 150 + 0.6y

▸ C = -150 - 0.6y

▸ C = -150 + 0.4y
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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emr21emr21
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4 years ago
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