(Answered) Consider a closed economy with a fixed price level in which

Management Studies

Consider a closed economy with a fixed price level in which investment and government spending are assume to be autonomous and taxes are all lump-sum. Consumption and savings are both directly and linearly related to disposable income. You are given he following information

C=20+0.6Yd

I=10

G=20

T=20

Write down the equation relating consumption and savings to national income and plot these relationship on graph?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92028471
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Most compelling advantages of diversity presented in

Most compelling advantages of diversity presented in General Motor? Why?

For this response consider the space shuttle challenger

For this response, consider the Space Shuttle Challenger case and address the following questions: Did Morton-Thiokol use a Stockholder or a Stakeholder model when they made the decision? What decision would you have mad ...

Describe how the mix of different fundraising processes

Describe how the mix of different fundraising processes should be determined. Who should be included in the decision-making and why does it matter?

Define job description and job specification and describe

Define job description and job specification and describe how they are used in management.

Assessment - business plan proposalthis assessment relates

ASSESSMENT - BUSINESS PLAN PROPOSAL This assessment relates to learning outcomes - Explain the concepts and theories of entrepreneurship, innovation and creativity to start and manage a new business or enterprise. Apply ...

1 blurred boundaries -- as organizations become more

1. Blurred boundaries -- As organizations become more laterally structured, boundaries begin to breakdown as different parts of the organization need to work more effectively together. Boundaries between departments as w ...

What value to your future career in business is supported

What value to your future career in business is supported by research, analysis and communication (writing and speaking)?

The number of times that a person contracts a cold in a

The number of times that a person contracts a cold in a given year is a Poisson random variable with parameter λ=6. However a new drug has just been marketed that reduces the Poisson parameter to λ=3 for 35 % the populat ...

In a society where relationships are lineal and people are

In a society where relationships are lineal, and people are believed to be either good or bad, what kind of leadership style would you expect to find?

Many of the relationships in our macroeconomic models are

Many of the relationships in our macroeconomic models are linear; two variables are related by the equation for a straight line y = mx+b. What is the relationship between (i) the sign of the slope m and (ii) the cyclical ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert