Answered: Consider the following consumption…

Consider the following consumption function: C= 100 + 0.65YD- At what level of disposable income will desired savings be zero? (Answer to the nearest dollar.) Your Answer:

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Aggregate Demand

Section: Chapter Questions

Problem 1.3P

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Consider the following consumption function: C 100 + 0.65YD.
At what level of disposable income will desired savings be zero? (Answer to the
nearest dollar.)
Your Answer:
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