Re: jnu 2011

Posted by Dreyfus on May 03, 2014; 5:42pm
URL: http://discussion-forum.276.s1.nabble.com/jnu-2011-tp7588420p7588428.html

OK ...I proceeded this way...Y*=1750 but consumption only holds for y<=1500 therefore consumption, C at 1500= 200+0.6(1500)
C=1100
And for equilibrium of Y=1750 to hold ...1750=1100+I
I=650..