Business, 03.12.2019 22:31 shaylarreyes

Consider an economy described by the following: c = $3.25 trillion f = 1 i = $1.4 trillion mpc = 0.75 g = $2.8 trillion d = 0.3 t = $3 trillion x = 0.1 nx = $- 0.5 trillion the simplified expression for the consumption function is: (a) c=3.25+0.75y. (b) c = 1 +(1 - 0.75)y. (c) c=1+0.75y. (d) c=3.25+(1-0.75)y.

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Consider an economy described by the following: c = $3.25 trillion f = 1 i = $1.4 trillion mpc = 0....

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