Suppose that consumtion equals 500 bilion when disposable


Suppose that consumtion equals $500 bilion when disposable income is $0, and that each increase of $100 billion in disposable income causes consumption to increase by $70 billion. Draw a graph of the saving function using this information.

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Econometrics: Suppose that consumtion equals 500 bilion when disposable
Reference No:- TGS0583022

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