Suppose output and income is equal to 13800 the marginal propensity to consume is 0...
50.1K
Verified Solution
Link Copied!
Question
Basic Math
Suppose output and income is equal to 13800 the marginal propensity to consume is 0 65 and autonomous consumption is 425 Calculate total saving for this economy assuming no public or foreign sector Round your answer to the nearest whole number Your Answer
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
