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Suppose that there is an AEF given by: AEF = 5,000 + 0.72Y And Consumption Function given by: C = 1,000 + 0.52Y The tax
Suppose that there is an AEF given by:
AEF = 5,000 + 0.72Y
And Consumption Function given by:
C = 1,000 + 0.52Y
The tax rate is 12%.
What is equilibrium Desired Savings?
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
