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 76 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?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Hydration is essential to body function, especially engaged in strenuous activities Hydration is essential to body function, especially engaged in strenuous activities
Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Definitions of stroke volume, preload definition & Factors influencing stroke volume

For a complete list of videos, visit our video library