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Author Question: Let S = y - (100 + 0.75y). Assume no government or foreign sectors. At the equilibrium level of ... (Read 51 times)

savannahhooper

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on: Jun 30, 2018
Let S = y - (100 + 0.75y). Assume no government or foreign sectors. At the equilibrium level of income, y = 400, the level of investment is
 
  A) 0. B) 75. C) 300. D) 400.

Question 2

The reason why the Industrial Revolution originated in Britain can be partly attributed to its:
 
  A) command economy. B) well-developed market system.
  C) opposition to creative destruction. D) extractive institutions.


coyin

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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