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 32 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?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

How the study of genomes and proteomes can provide us with connections to different biological level How the study of genomes and proteomes can provide us with connections to different biological level
The structure and function of the human testis. The structure and function of the human testis.
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Demonstration of the function of a balloon-tipped catheter during a PTCA procedure. Demonstration of the function of a balloon-tipped catheter during a PTCA procedure.
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
How to apply integration by parts on a single function How to apply integration by parts on a single function
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library