Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter8: Aggregate Demand And The Powerful Consumer
Section: Chapter Questions
Problem 3TY
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Question 1:
If C=$400 + 0.75YD and Ip=$600, then the Equilibrium level of output is
Question 2:
C = $400 + 0.9YD If disposable income = $5,000, then the value of consumption (C) is
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