ountry operates under closed economy and not dealing with the rest of the rorld as in the table below Y C G I 140 30 40 100 170 200 200 300 230 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 nstructions: 1. Using excel, find the equilibrium consumption. 2. Show the range of income at which saving is negative and the range of income at which saving is positive. 3. Using excel, find the equilibrium expenditure. Sho ond

ountry operates under closed economy and not dealing with the rest of the rorld as in the table below Y C G I 140 30 40 100 170 200 200 300 230 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 nstructions: 1. Using excel, find the equilibrium consumption. 2. Show the range of income at which saving is negative and the range of income at which saving is positive. 3. Using excel, find the equilibrium expenditure. Sho ond

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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