Assume that the consumption function for the above economy is C = 1000 + .75Yd fill in the empty cells. (All Figures are in Billions of Dollars) Output Taxes Disposable Income Consumption Spending Saving Investment Government Aggregate Expenditure 5000 1000 750 750 7000 1000 750 750 9000 1000 750 750
Assume that the consumption function for the above economy is C = 1000 + .75Yd fill in the empty cells. (All Figures are in Billions of Dollars) Output Taxes Disposable Income Consumption Spending Saving Investment Government Aggregate Expenditure 5000 1000 750 750 7000 1000 750 750 9000 1000 750 750
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
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- Assume that the consumption function for the above economy is C = 1000 + .75Yd fill in the empty cells. (All Figures are in Billions of Dollars)
Output |
Taxes |
Disposable Income |
Consumption Spending |
Saving |
Investment |
Government |
Aggregate Expenditure |
5000 |
1000 |
|
|
|
750 |
750 |
|
7000 |
1000 |
|
|
|
750 |
750 |
|
9000 |
1000 |
|
|
|
750 |
750 |
|
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