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Consider an economy characterized by the following equations: C=500+0.75Y+0.05WI=150
Where C is desired consumption, I is desired investment, W is household wealth, and Y is national
income.With the original level of desired investment at 150 , determine the level of saving at the
equilibrium national income?

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Consider an economy characterized by the following equations.pdf

  • 1. Consider an economy characterized by the following equations: C=500+0.75Y+0.05WI=150 Where C is desired consumption, I is desired investment, W is household wealth, and Y is national income.With the original level of desired investment at 150 , determine the level of saving at the equilibrium national income?