Answered: Consider the following consumption…

Consider the following consumption function: C= 100 + 0.65YD- At what level of disposable income will desired savings be zero? (Answer to the nearest dollar.) Your Answer:

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy

Section: Chapter Questions

Problem 8QP

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Consider the following consumption function: C 100 + 0.65YD.
At what level of disposable income will desired savings be zero? (Answer to the
nearest dollar.)
Your Answer:
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