The consumption function in a macroeconomy is C=100+.80 Yd, where Yd=disposable
income and the equilibrium aggregate income (Yeq) = 1000.
Which of the ff. 3 statements about money supply is TRUE?
[ Select ]
If Government expenditure (G), increases by P100 billion, by how much will Yea
change? [ Select ]
If Government decreases tax by P100 billion, what is the new Yeg?
The Consumption Function In A Macroeconomy Is C 100 80 Yd Where Yd Disposable Income And The Equilibrium Aggregate Inc 1 (37.23 KiB) Viewed 27 times
The consumption function in a macroeconomy is C=100+.80 Yd, where Yd=disposable income and the equilibrium aggregate income (Yeq) = 1000. Which of the ff. 3 statements about money supply is TRUE? [Select] If Government expenditure (G), increases by P100 billion, by how much will Yeq change? [Select] (> If Government decreases tax by P100 billion, what is the new Yeq? [Select]
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