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Given = 100 + 0.8d d = 10 + 0.9 = 60 = 84 Find (a) the reduced form for income and consumption. (b) Income,

Given

= 100 + 0.8d

d = 10 + 0.9

= 60

= 84

Find

(a) the reduced form for income and consumption.

(b) Income, disposable income and consumption and

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