If consumption is $9 billion when disposable income is $0, and if the marginal propensity to save is dS = 0.3 + e-1.5y dy (in billions of dollars) find the national consumption function. C(y) =

ENGR.ECONOMIC ANALYSIS
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If consumption is $9 billion when disposable income is $0, and if the marginal propensity to save is
ds
= 0.3 + e
dy
е-1.5у
(in billions of dollars)
find the national consumption function.
C(y)
%D
Transcribed Image Text:If consumption is $9 billion when disposable income is $0, and if the marginal propensity to save is ds = 0.3 + e dy е-1.5у (in billions of dollars) find the national consumption function. C(y) %D
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