Solved

If the Consumption Function Is C = 80 + 0

Question 44

Multiple Choice

If the consumption function is C = 80 + 0.6Y, then the autonomous consumption equals:

A) - 0.4.
B) 0.4.
C) 80.
D) 0.6.

Related Questions

Q39: Show why the balanced- budget multiplier equals

Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" -Refer to Table

Q41: If the government collects taxes using a

Q42: An increase in the marginal propensity to

Q43: If consumption is $5,000 when income is

Q45: Assume that the consumption function is C

Q46: When the consumption function is expressed as

Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 11.4 -Refer

Q48: An unexpected increase in inventories has:<br>A) no

Q49: Which of the following is not an