76 273
Assignments Done
Successfully Done
In May 2019

Answer to Question #36391 in Macroeconomics 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.
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 order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions