64 525
Assignments Done
99,3%
Successfully Done
In September 2018

Answer to Question #63342 in Macroeconomics for dennis

Question #63342
Given a hypothetical consumption function of the form:
Y = C + I0 + G0
C = α + β
Where: = Y – T
Y = Income
T = Taxes and that:
Compute the equilibrium level of income and consumption
Expert's answer
The equilibrium level of income and consumption is described with the formula: C + I0 + G0=α + β

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