he economy of a country is a three-sector economy. Its public consumption follows the function: C 400+ 0.8Yd. Realized investment reached IDR 250 trillion, government spending amounted to IDR 700 trillion, transfer payments to the public amounted to IDR 100 trillion and tax revenues amounted to IDR 300 trillion. Determine: a. Equilibrium national income b. Balance consumption c. Savings balance
he economy of a country is a three-sector economy. Its public consumption follows the function: C 400+ 0.8Yd. Realized investment reached IDR 250 trillion, government spending amounted to IDR 700 trillion, transfer payments to the public amounted to IDR 100 trillion and tax revenues amounted to IDR 300 trillion. Determine: a. Equilibrium national income b. Balance consumption c. Savings balance
Chapter1: Making Economics Decisions
Section: Chapter Questions
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5. The economy of a country is a three-sector economy. Its public consumption follows the function: C 400+ 0.8Yd. Realized investment reached IDR 250 trillion, government spending amounted to IDR 700 trillion, transfer payments to the public amounted to IDR 100 trillion and tax revenues amounted to IDR 300 trillion. Determine:
a. Equilibrium
b. Balance consumption
c. Savings balance
Please solve subparts a,b,c thank u
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