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Assume a closed economy where the level of investment is 300 and savings function is s = -30+ 0.15y calculatr the equilibrium level of income
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- Find the saving when the income is 50 and consumption is 60Consumption/Savings 1000 800 600 400 200 0 -200 Select one: 200 400 600 800 1000 1200 1400 1600 S Refer to the graph above to answer this question. What is the equation for the saving function? A. S=200+ 0.4Y. B. S=-200+ 0.6Y. X C. S-200+ 0.8Y. OD. S-200 +0.2Y. OE. S=200 - 0.2Y. IncomeSuppose Alice faces the following prices and income across two periods. Prices Income Period 10 200 1 Period 12 2 250 Suppose the interest rate is 5%. Using the equation editor, write down the intertemporal budget constraint for Alice.
- Evample 27. If saving function for an economy is given as: S =-500 + 0.2Y and investment expenditure is R 100 crores, then determine: (i) Level of income when saving will become zero; i) Level of income when saving is equal to investment.Find the disposable income when the consumption is $210 in the saving our $ 190Fill in the table and derive the consumption and saving functions. Disposable income Consumption Saving 240 -4 260 280 4 300 8. 320 12 340 16 360 20 380 24 400 28 Draw the graphs and find the break even point of disposable income.