Assume that the direct tax T system takes 25% of income (Y) regardless of the size and that an individual consumption (C) is 500 plus 80% disposable income (Yd) express the relation C = F(Y) in algebra and in diagram
1
Expert's answer
2020-12-17T07:57:11-0500
If the direct tax T system takes 25% of income (Y) regardless of the size and that an individual consumption (C) is 500 plus 80% disposable income (Yd), then the relation is:
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment