This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Lily's consumption function is of the form [ C= 100 + 0.8 Y], her saving equals zero at an income level of (Read 83 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Apr 19, 2019

Question 1

If the saving function is of the form [
S = -20 + 0.3
Y], consumption at an income level of 200 is


◦ 80.
◦ 120.
◦ 160.
◦ 180.

Question 2

If Lily's consumption function is of the form [
C = 100 + 0.8
Y], her saving equals zero at an income level of


◦ 180.
◦ 500.
◦ 800.
◦ cannot be determined from the given information.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahriuashd on Apr 19, 2019

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


ahriuashd

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Apr 19, 2019
Thank you!


Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Went and Briggs demonstrated the relationship between light perception and auxin function. Went and Briggs demonstrated the relationship between light perception and auxin function.
Shaking. A form of coarse vibration to a muscle or muscle group. Shaking. A form of coarse vibration to a muscle or muscle group.
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Classification of Clouds According to Height and Form Classification of Clouds According to Height and Form
Write the following in standard form Write the following in standard form
Amborella and Water Lily Amborella and Water Lily
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library