Suppose that the marginal propensity to save is given by equation below and that consumption is $6 billion when disposable income is 0. Find the national consumption function. dx/dy = 0.2 - (3y + 7)^-1/2
Suppose that the marginal propensity to save is given by equation below and that consumption is $6 billion when disposable income is 0. Find the national consumption function. dx/dy = 0.2 - (3y + 7)^-1/2
Suppose that the marginal propensity to save is given by equation below and that consumption is $6 billion when disposable income is 0. Find the national consumption function. dx/dy = 0.2 - (3y + 7)^-1/2
Suppose that the marginal propensity to save is given by equation below and that consumption is $6 billion when disposable income is 0. Find the national consumption function. dx/dy = 0.2 - (3y + 7)^-1/2
Expression, rule, or law that gives the relationship between an independent variable and dependent variable. Some important types of functions are injective function, surjective function, polynomial function, and inverse function.
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