Re: jnu 2011

Posted by kratika on May 12, 2012; 10:07am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7392720p7553139.html

i think it will be done as follows-
if y=1500 in equilibrium 1500=200+0.6(1500)+ I
implies I=400

we are given that any income above 1500 will be saved so we will add that amount to investment, hence we get I=400+ (1750-1500)= 650