What is the level of saving in equilibrium


Get an answer from tutors to this homework question now:

Let us assume the following figure represent the component of GDP in a county

C = 70+ 0.8YD
I = 60
G = 170

a.Calculate the equilibrium level of income
b. Calculate the multiplier in this model
c. What is the level of saving in equilibrium

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What is the level of saving in equilibrium
Reference No:- TGS064773

Expected delivery within 24 Hours