61 839
Assignments Done
98%
Successfully Done
In May 2018

Answer to Question #15164 in Economics of Enterprise for Babu

Question #15164
Using the simple Keynesian model to assess the implications for equilibrium GDP and the level of savings of an increase in the savings function. What would happen to equilibrium income if there is a sustained rise in private investment spending.
Expert's answer
Using the simple Keynesian model to assess the implications for equilibrium GDP and the level of savings of an increase in
the savings function, we can say, that Paying off debt = savings increase and Consumption decrease.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions