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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 41 times)

ahriuashd

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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
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Marked as best answer by ahriuashd on Apr 19, 2019

Christopher

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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.
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ahriuashd

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Reply #2 on: Apr 19, 2019
Thank you!


Christopher

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Reply #3 on: Apr 19, 2019
Always glad to help...


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