Given the consumption, Investment, Government spending, assuming this country operates under closed economy and not deal
Posted: Sun Jul 03, 2022 12:58 pm
Given the consumption, Investment, Government spending, assuming this country operates under closed economy and not dealing with the rest of the world as in the table below Y 0 100 200 300 400 500 600 700 800 900 1000 с 20 100 G5 15 I 25 Instructions: 1. Using excel, find the equilibrium consumption. (1 marks) 2. Show the range of income at which saving is negative and the range of income at which saving is positive. (2 marks) 3. Write consumption function, saving function and aggregate expenditure function (3 marks) 4. Using excel, find the equilibrium expenditure. (2 marks)