Calculating average propensity to save, Macroeconomics

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Calculating average propensity to save

Calculating Average Propensity to Save and Average Propensity to Consume

A nation's consumption function (expressed in millions of inflation-adjusted dollars) is C = $800 + 0.80Y. There are no taxes in this nation.

Now answer the following questions:

What is the value of autonomous saving?

What is the value of the multiplier?

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Macroeconomics: Calculating average propensity to save

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Calculating Average Propensity to Save and Average Propensity to Consume-A nation's consumption function (expressed in millions of inflation-adjusted dollars) is C = $800 + 0.80Y. There are no taxes in this nation.

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Macroeconomics: Calculating average propensity to save

Reference No:- TGS065597

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Recent Questions Asked Macroeconomics

Q : Rental rates of capital and labor

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Q : Five major factors that affect the demand for starbucks

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Q : What price firm charge to maximize its short-run profit

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Q : What president roosevelt is trying model of aggregate demand

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Ask an Expert for Answer!!

Macroeconomics: Calculating average propensity to save

Reference No:- TGS065597

Recent Questions Asked Macroeconomics

Q : Rental rates of capital and labor

Q : Helm of the economy

Q : Estimate of marks student have got in university test

Q : Five major factors that affect the demand for starbucks

Q : Calculating average propensity to save

Q : What price firm charge to maximize its short-run profit

Q : Common fixed expenses problem

Q : Existence of economies of scale

Q : What president roosevelt is trying model of aggregate demand

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