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Assume a closed economy where the level of investment is 300 and savings function is s = -30+ 0.15y calculatr the equilibrium level of income
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- Suppose Alice faces the following prices and income across two periods. Prices Income Period 10 200 1 Period 12 2 250 Suppose the interest rate is 5%. Using the equation editor, write down the intertemporal budget constraint for Alice.Consumption/Savings 1000 800 600 400 200 0 -200 Select one: 200 400 600 800 1000 1200 1400 1600 S Refer to the graph above to answer this question. What is the equation for the saving function? A. S=200+ 0.4Y. B. S=-200+ 0.6Y. X C. S-200+ 0.8Y. OD. S-200 +0.2Y. OE. S=200 - 0.2Y. IncomeEvample 27. If saving function for an economy is given as: S =-500 + 0.2Y and investment expenditure is R 100 crores, then determine: (i) Level of income when saving will become zero; i) Level of income when saving is equal to investment.
- Find the saving when the income is 50 and consumption is 60Fill in the table and derive the consumption and saving functions. Disposable income Consumption Saving 240 -4 260 280 4 300 8. 320 12 340 16 360 20 380 24 400 28 Draw the graphs and find the break even point of disposable income.Find the disposable income when the consumption is $210 in the saving our $ 190