The graph below shows the equilibrium level of income for two sector economy.
AD
AD=AS
C+I

Question

The graph below shows the equilibrium level of income for two sector economy.AD AD=AS C+I   	 		 			 		 		 			 			 		 	   X C=100+ 0.75Y 	 		 			 		 		 			 			 		 	  Y  National Income (RM MILLION)Z 2000Questions  	What is the value of X, Y, Z 	What is the value of APC at income level Z? 	At income level RM 2000, what is the value of APC? 	If autonomous consumption changes to RM 150 million, calculate the new value of Equilibrium national income. 	Derive saving function based on question (d)   Please show the calculations works.
	
Document Preview: The graph below shows the equilibrium level of income for two sector economy.      AD                                                                                 XXXXXXXXXXAD=AS                                                                                   XXXXXXXXXXC+I                                                   X                                                                               XXXXXXXXXXC= XXXXXXXXXX75Y        Y                                                                                                                                                                                  XXXXXXXXXXNational Income (RM MILLION)              XXXXXXXXXXZ           XXXXXXXXXX2000                                  QuestionsWhat is the value of X, Y, ZWhat is the value of APC at income level Z?At income level RM 2000, what is the value of APC?If autonomous consumption changes to RM 150 million, calculate the new value of Equilibrium national income.Derive saving function based on question (d)Please show the calculations works.

Robert · Accepted Answer

The graph below shows the equilibrium level of income for two sector economy
The graph below shows the equilibrium level of income for two sector economy.
      AD
                                                                                                    AD=AS
                                                                                                      C+I
   X                                                                                                  C=100+ 0.

The graph below shows the equilibrium level of income for two sector economy. AD AD=AS C+I X C=100+ 0.75Y Y National Income (RM MILLION) Z 2000 Questions What is the value of X, Y, Z What is the value...

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