# macroeconomics

1.Assume that the consumption function is given by the following:
C=200+.9Y
Solve for the equilibrium level of income (Y*).
2.Assume that the consumption function is given by the following:
C=200+.9Y
3.Assume that the consumption function is given by the following:

C=200+.9Y
What is the level of saving in equilibrium?
4.Assume that the two sector AE model is given by the following:
AE = C+I
C=200+.9Y
I=100
Solve for the equilibrium level of income (Y*).
5.Assume that the two sector AE model is given by the following:
AE = C+I
C=200+.9Y
I=100
What is the level of saving in equilibrium?
6.Assume that the two sector AE model is given by the following:
AE = C+I
C=200+.9Y
I=100
What is the level of saving if Y=3300
7.In the consumption function, the variable b stands for the _________

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