Multiple Choice
Let S =y - (100 + 0.5y) . Assume no government or foreign sectors. At the equilibrium level of income, y* = 800, the level of saving is
A) 0.
B) 50.
C) 100.
D) 300.
Correct Answer:
Verified
Related Questions
Let S =y - (100 + 0.5y) . Assume no government or foreign sectors. At the equilibrium level of income, y* = 800, the level of saving is
A) 0.
B) 50.
C) 100.
D) 300.
Correct Answer:
Verified