what is the correct answer2) What will come into the gaps? Assume in a simple economy that the level of saving is - $800 when aggregate output equals zero and that the marginal propensity to save is 0.25.Derive the saving function and the consumption function.O A. S= - 800 - 0.25Y and C = 800 + 0.75YO B. S= - 800 + 0.25Y and C = 800 + 0.75YO C. S= -800- 0.025Y and C = 800 – 0.075YO D. S= - 800 - 0.25Y and C=800 - 0.75YConsider the graph of these functions.The consumption function has a y-intercept ofand isThe saving function has a y-intercept ofand isThe consumption curve crosses the 45-degree line at a level of output of (Enter your response as an integer.)Click to select your answer(s).Casper

Saving function: S = a + bY When Y = 0, S = - 800 (vertical intercept = a), and MPS (b) = 0.25 S = -…

Derive the saving function and the consumption function. O A. S= - 800-0.25Y and C= 800 +0.75Y %3D O B. S= -800 + 0.25Y and C = 800 + 0.75Y %3D O C. S= - 800 - 0.025Y andC = 800 -0.075Y O D. S= - 800 - 0.25Y and C = 800 - 0.75Y Consider the graph of these functions. The consumption function has a y-intercept of and is The saving function has a y-intercept of and is The consumption curve crosses the 45-degree line at a level of output of (Enter your response as an integer.)

Derive the saving function and the consumption function. O A. S= - 800-0.25Y and C= 800 +0.75Y %3D O B. S= -800 + 0.25Y and C = 800 + 0.75Y %3D O C. S= - 800 - 0.025Y andC = 800 -0.075Y O D. S= - 800 - 0.25Y and C = 800 - 0.75Y Consider the graph of these functions. The consumption function has a y-intercept of and is The saving function has a y-intercept of and is The consumption curve crosses the 45-degree line at a level of output of (Enter your response as an integer.)

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

what is the correct answer 2) What will come into the gaps?

Assume in a simple economy that the level of saving is - $800 when aggregate output equals zero and that the marginal propensity to save is 0.25.
Derive the saving function and the consumption function.
O A. S= - 800 - 0.25Y and C = 800 + 0.75Y
O B. S= - 800 + 0.25Y and C = 800 + 0.75Y
O C. S= -800- 0.025Y and C = 800 – 0.075Y
O D. S= - 800 - 0.25Y and C=800 - 0.75Y
Consider the graph of these functions.
The consumption function has a y-intercept of
and is
The saving function has a y-intercept of
and is
The consumption curve crosses the 45-degree line at a level of output of (Enter your response as an integer.)
Click to select your answer(s).
Casper

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