Suppose you are estimating a consumption function Y₁ = P₁+ B₂X₁+ and a saving function Z₁ = Ø₁ + Ø₂X₁ + ²₁ where Y-consumption, Z=savings, X-income. i. Apakah tanda (positive or negative) yang anda jangka bagi B₂ dan Ø₂? What sign (positive or negative) would you expect for ₂ and Ø₂?

Suppose you are estimating a consumption function Y₁ = P₁+ B₂X₁+ and a saving function Z₁ = Ø₁ + Ø₂X₁ + ²₁ where Y-consumption, Z=savings, X-income. i. Apakah tanda (positive or negative) yang anda jangka bagi B₂ dan Ø₂? What sign (positive or negative) would you expect for ₂ and Ø₂?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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