Answer to Question #2868 in Macroeconomics for Fahimun Shafi
Given the saving funstion S = -10 + 0.2Y and autonomous investment I = Rs.50 cores
i) Find the level of consumption
ii) If investment decreases permanently by Rs.5 crore, what is the new level of consumption.
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!