12-Ystar - Getting Y* Lecture 12-PREVIEW Dr. Jennifer P....

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macroS2010 Lec12-page 1 http://www.arts.cornell.edu/econ/wissink/econ102jpw/ Getting Y* Lecture 12-PREVIEW Dr. Jennifer P. Wissink ©2009 Jennifer P. Wissink, all rights reserved. March 3, 2010
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macroS2010 Lec12-page 2 http://www.arts.cornell.edu/econ/wissink/econ102jpw/ Announcements Next week: 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.
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macroS2010 Lec12-page 3 http://www.arts.cornell.edu/econ/wissink/econ102jpw/ Deriving a Saving Function from a Consumption Function S Y C ≡ - Y - C = S AGGREGAT E INCOME (Billions of Dollars) AGGREGATE CONSUMPTI ON (Billions of Dollars) AGGREGATE SAVING (Billions of Dollars) 0 100 -100 80 160 -80 100 175 -75 200 250 -50 400 400 0 600 550 50 800 700 100 1,000 850 150 C Y = + 1 0 0 7 5 .
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This note was uploaded on 10/24/2010 for the course ECONOMICS 1120 taught by Professor Wissink during the Fall '10 term at Cornell.

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12-Ystar - Getting Y* Lecture 12-PREVIEW Dr. Jennifer P....

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