Say that C = XXXXXXXXXX8Y, I = 4, G =1. What is the equilibrium value of aggregate saving?

Question

Say that C = XXXXXXXXXX8Y, I = 4, G =1. What is the equilibrium value of aggregate saving?

Robert · Accepted Answer

C = 15 + 0.8Y, I = 4, G =1. What is the equilibrium value of aggregate saving? 
Answer: 
At equilibrium, Y = C+I +G 
Y = 15+0.8Y + 4 + 1 or 
0.2Y = 20, implies equilibrium value of aggregate income (Y*) = 100 
Aggregate consumption (C*) = 15 + 0.

Say that C = XXXXXXXXXX8Y, I = 4, G =1. What is the equilibrium value of aggregate saving?

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