Explain the consumption function

Assignment Help Macroeconomics

Reference no: EM131030521

CONSUMPTION C =100+0.85Yd

1. explain the consumption function

2 calculate c if yd=1600

3 calculate yd if c=1800

Reference no: EM131030521

Questions Cloud

Which statement best summarizes : Which statement best summarizes Friedman's views on the role of monetary policy? Monetary policy should best be conducted by: 1.controlling the price leve

In friedman''s interpretation of the philips curve : In friedman's interpretation of the philips curve, an expansionary monetary: 1.increase both inflation and nominal output in the short run and long

Discuss the shift in the international trade of goods : Discuss the shift in the international trade of goods and services in the past two decades

What are some of key factors that might impact environment : What are some of the key factors that might impact the environment for a public agency? How can administrators address/predict/react to these factors?

Explain the consumption function : CONSUMPTION C =100+0.85Yd 1. explain the consumption function

Demonstrate the effect of contractionary monetary : Demonstrate the effect of contractionary monetary policy in the AS/AD model

Suppose a company issues a zero-coupon bond : Suppose a company issues a zero-coupon bond that pays $2,000 in a year's time. The company issues a low-risk bond that competes with saving accounts offered by banks. Assume banks offer the interest rate of 2%. Price of this bond is equal to...?

Lead a horse to water : Lead a horse to water , but can can't make it drink. How might this adage be relevant to expansionary (as opposed to contractionary) monetary Policy?

Financial intermediaries are pretty crucial : Financial intermediaries are pretty crucial in the market for loanable funds. What are some examples of financial intermediaries in the market for loanable funds?

User Account

All Pages