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I am trying to understand the mathematical equation for consumption- macroeconomics, For example when AE= C + , or AE = 1300+0.85y what does .85y
I am trying to understand the mathematical equation for consumption- macroeconomics,
For example when AE= C + , or AE = 1300+0.85y what does .85y mean mathematically? or 1300 + .85y equals? I am trying to understand the mathematical side of the 0.85y to understand the implications
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