Re: simple keynsian model
Posted by vishakha on Jul 23, 2011; 2:14pm
URL: http://discussion-forum.276.s1.nabble.com/simple-keynsian-model-tp6609876p6613717.html
hey vasudha hi:))thnx for taking tym out for my queries....
m completely convinced with ur reply to questn 2........but in questn 3 m still confused....an intercept on +ve portion of x axis may mean that in C=Ĉ+cy if we put C=0,then intercept on x axis is Y=-Ĉ/c...after that m not getting wot it could mean...as in either Ĉ is -ve or c for the term to be +ve..But its given that slope(c) is +ve so that means Ĉ is -ve ....is thats ur reasonong???????but wot wud be the economic interpretation of this unusual case???