Answer to Question #50380 in Macroeconomics for abdulla sabit
Suppose,the saving function of a society is as follows:
S=-100+0.25Y ,where S=Total saving and Y=Disposable income,Answer the following questions:
a.What is the amount of dissaving?
b.What is the total saving when disposable income is 4000?
c.What is induced consumption when disposable income is 2000?