Your list · 0 हिं

Aggregate Demand, Consumption & Saving · Question 40 of 60

Question 40

EasyOriginal question

If C = c̄ + bY, the saving function is

S = c̄ + (1 − b)YCorrect answerYour answerS = −c̄ + bYCorrect answerYour answerS = −c̄ + (1 − b)YCorrect answerYour answerS = c̄ − bYCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

S = Y − C = Y − c̄ − bY = −c̄ + (1 − b)Y.

Concept: Saving function
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe saving function and break-even

Practise this chapter →

Ten questions from Aggregate Demand, Consumption & Saving, at your own pace.

Practise this chapter →

Ten questions from Aggregate Demand, Consumption & Saving, at your own pace.

Practise this chapter All 60 questions in Aggregate Demand, Consumption & Saving Revise the notes for Aggregate Demand, Consumption & Saving