Re: JNU 2013 SSS DISCUSSION

Posted by jack on Apr 24, 2014; 3:07am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2013-SSS-DISCUSSION-tp7584716p7587694.html

C is the function of current disposable income
so c(yd)
and mps =0.30
mpc=.070
C=500+.7(y-.15y+750)
so Y=C+I
Y=500+.7(Y-.15Y+750)+1000
solve this equation, you will get all the answers