L12R Ystar

# L12R Ystar - Getting Y Lecture 12 Jennifer P Wissink 2009...

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macroS09 LEC11-1 Getting Y* Lecture 12 Jennifer P. Wissink ©2009 Jennifer P. Wissink, all rights reserved. February 25, 2009

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macroS09 LEC11-2 Announcements Next week: Chapters 8 &9 Check the class web page for ALL Prelim 1 Information and SAMPLE exam, etc... Check the class web page for where to report for exam. GOOD LUCK TOMORROW OR FRIDAY Remember: Read carefully, group words together and watch adjectives! Do something on every part of every non m.c. problem. Work out the answer to the multiple choice question and THEN look for the choice that best fits. Bring a straight edge and a couple of different colored pens or pencils. Bring a simple old fashioned calculator. NO CELL PHONES OR GRAPHING CALCULATORS.
macroS09 LEC11-3 HHs: Consumption Function Concepts the subsistence level of consumption the breakeven point dis-saving and saving the marginal propensity to consume (MPC) the average propensity to consume (APC)

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macroS09 LEC11-4 HHs: Saving Function
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