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{"ops":[{"insert":"Suppose the consumption function is given by C-M +0. RR Y, while investment is given by\n\nInvestment (1)=2M, Government Expenditure (G) = 3M and Tax (T) = 0.2 Y. Where M = numeric\n\nnumber of your roll number and RR = Last two digit of your roll number. For example if your roll\n\nno is BCP21987 then your M-21987 and RR=0.87\n\na. Write Consumption Function and Saving Function for you?\n\nb. What is the equilibrium level of income in this case? c. What is the level of saving in equilibrium?\n\nd. If Investment (1) rises to 200 what will the effect be on the equilibrium income? e. Find the value of the multiplier here?\n"}]}
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