1. Refer to the data above to answer this question. What is the equation for the saving function? a) S= -200Y. b) C = -200 + Y. c) C = -200+ 0.2Y. d) C = -200+ 0.8Y. e) C = 200+ 0.8Y.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Y
0
500
1000
1500
2000
2500
3000
3500
4000
C
200
600
1000
1400
1800
2200
2600
3000
34000
S
-200
-100
0
100
200
300
400
500
600
a) S= -200Y.
b) C = -200 + Y.
c) C =-200+ 0.2Y.
d) C = -200 + 0.8Y.
e) C = 200+ 0.8Y.
I
200
200
200
200
200
200
200
200
200
G
500
500
500
500
500
500
500
500
500
X
400
400
400
400
400
400
400
400
400
IM
100
150
200
250
300
350
400
450
500
XN
AE
1. Refer to the data above to answer this question. What is the equation
for the saving function?
2. Refer to the data above to answer this question. What is the equation
for the net export function?
a) AN = 300.
b) XN = 400 - 300Y.
c) XN = 300 - 50Y.
d) XN = 300 + 0.1Y.
e) AN= 300 -0.1Y.
Transcribed Image Text:Y 0 500 1000 1500 2000 2500 3000 3500 4000 C 200 600 1000 1400 1800 2200 2600 3000 34000 S -200 -100 0 100 200 300 400 500 600 a) S= -200Y. b) C = -200 + Y. c) C =-200+ 0.2Y. d) C = -200 + 0.8Y. e) C = 200+ 0.8Y. I 200 200 200 200 200 200 200 200 200 G 500 500 500 500 500 500 500 500 500 X 400 400 400 400 400 400 400 400 400 IM 100 150 200 250 300 350 400 450 500 XN AE 1. Refer to the data above to answer this question. What is the equation for the saving function? 2. Refer to the data above to answer this question. What is the equation for the net export function? a) AN = 300. b) XN = 400 - 300Y. c) XN = 300 - 50Y. d) XN = 300 + 0.1Y. e) AN= 300 -0.1Y.
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