Answer to Question #217269 in Economics for Jinisha Shah

Question #217269

s=-80+0.25y and import function is given as 100-0.05y than find a at what level equilibrium level of income and consumption level will occur

Expert's answer

"-80+0.25y=100-0.05y"

"0.3y=180"

"y=600"

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. As income rises following an increase in autonomous net exports, induced imports will
2. Q:What is the need for studying econometrics ? What procedures one follows in econometrics ? What is
3. Use the following demand schedule on pens to answer the question. Elas table pens What is the price
4. Evaluate the impact of agriculture sector on the economy and on local and global environment (In 500
5. The Aggregate Demand- Aggregate Supply (AD-AS) model can be used to illustrate the right combination
6. A clear understanding of the macroeconomic environment is important to inform your business decision
7. (a) Market systems may not allocate resources efficiently for many reasons. Governments intervene in