Thursday
September 18, 2014

Homework Help: Maroeconomics

Posted by Abdul on Tuesday, May 4, 2010 at 1:32pm.

Question 02:
Consider an economy described by the following equations:
Y=C+I+G
Where, Y = 6,000, G = 2,000, T = 2,000
C = 300 + 0.50 (Y-T)
I = 2,000 60r
In this economy, compute:
a. Private saving
b. Public saving
c. National saving
d. The equilibrium interest rate
e. The amount of equilibrium level of investment

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