Question
If the consumption function is given by C = 500 + 0.5( Y T ), Y is 6000 and T is given by T
If the consumption function is given by C = 500 + 0.5( Y ñ T ), Y is 6000 and T is given by T = 200 + 0.2 Y , then C is equal to:
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Get StartedRecommended Textbook for
Mathematics for Economics and Business
Authors: Ian Jacques
9th edition
129219166X, 9781292191706 , 978-1292191669
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