# Answer on Macroeconomics Question for Henry

Question #36391

S=-5000+o.2Y(before adjustment in tax) I=10000 G=20000 T=5000

1) taking tax into consideration find the new savings function

2) based on the new savings function, determine the average propensity to save when Y=50000

3) interpret the average propensity to save value that you calculate in (2)

4)determine the equilibrium national income using leakage-injection method.

1) taking tax into consideration find the new savings function

2) based on the new savings function, determine the average propensity to save when Y=50000

3) interpret the average propensity to save value that you calculate in (2)

4)determine the equilibrium national income using leakage-injection method.

Expert's answer

Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we'll assist you.

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment