Multiple Choice
Let C = 120 + 0.8y. Assume no government or foreign sectors. At the equilibrium level of income, y* = 200, the level of saving is
A) -80.
B) -30.
C) 96.
D) 160.
Correct Answer:
Verified
Related Questions
Let C = 120 + 0.8y. Assume no government or foreign sectors. At the equilibrium level of income, y* = 200, the level of saving is
A) -80.
B) -30.
C) 96.
D) 160.
Correct Answer:
Verified