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) (3 Points)   Output Taxes Disposable Income Consumption Spending Saving Investment Government Aggregate Expenditure 5000 1000       750 750   7000 1000       750 750   9000 1000       750 750

Economics For Today
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ISBN:9781337613040
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Chapter18: The Keynesian Model
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  1. 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) (3 Points)

 

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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