The graph below shows the equilibrium level of income for, Ask an Expert

Economics

The graph below shows the equilibrium level of income for two sector economy.

1882_What is the value of APC at income level Z.png

Questions

1. What is the value of X, Y, Z

2. What is the value of APC at income level Z?

3. At income level RM 2000, what is the value of APC?

4. If autonomous consumption changes to RM 150 million, calculate the new value of Equilibrium national income.

5. Derive saving function based on question

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9744925

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