2. Assume: Yd = $ 5000 billion b = .95 a = $ 520 billion A)What is consumption (C) ? B)What are savings (S) ? C)What is APC ? D)What is APS ?

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.6P
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2. Assume:
Yd = $ 5000 billion
%3D
b = .95
a = $ 520 billion
A)What is consumption (C) ?
B)What are savings (S) ?
C)What is APC ?
D)What is APS ?
Transcribed Image Text:2. Assume: Yd = $ 5000 billion %3D b = .95 a = $ 520 billion A)What is consumption (C) ? B)What are savings (S) ? C)What is APC ? D)What is APS ?
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