prettyprincess7608 prettyprincess7608

06-06-2023
Business

contestada

Consider the following economy:
S = 0.18Y - 80
T = T0 + t1Y
C = c0 + c1(Y-T)
1. Find the expression of saving (S) in terms of t1, c1, c0, and T0
2. Find the values of c0 + c1 assuming that t1 = 0.1 and T0 = 100

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