If the consumption function: C = $350 + 0.9Yd a) At what level of income does savings equal zero? b) If this economy’s disposable income were $4,000,…
If the consumption function: C = $350 + 0.9Yda)At what level of income does savings equal zero?b)If this economy’s disposable income were $4,000, what would be its consumption and savings?
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