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Suppose a Certain Economy's Consumption Function Is Where

Question 156

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Suppose a certain economy's consumption function is Suppose a certain economy's consumption function is where and are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when .R A) $4.98 billion/billion dollars B) $1.21 billion/billion dollars C) $2.51 billion/billion dollars D) $3.54 billion/billion dollars where Suppose a certain economy's consumption function is where and are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when .R A) $4.98 billion/billion dollars B) $1.21 billion/billion dollars C) $2.51 billion/billion dollars D) $3.54 billion/billion dollars and Suppose a certain economy's consumption function is where and are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when .R A) $4.98 billion/billion dollars B) $1.21 billion/billion dollars C) $2.51 billion/billion dollars D) $3.54 billion/billion dollars are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, Suppose a certain economy's consumption function is where and are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when .R A) $4.98 billion/billion dollars B) $1.21 billion/billion dollars C) $2.51 billion/billion dollars D) $3.54 billion/billion dollars ) when Suppose a certain economy's consumption function is where and are measured in billions of dollars.Find the marginal propensity to consume (the rate of change of consumption with respect to income, ) when .R A) $4.98 billion/billion dollars B) $1.21 billion/billion dollars C) $2.51 billion/billion dollars D) $3.54 billion/billion dollars .R


A) $4.98 billion/billion dollars
B) $1.21 billion/billion dollars
C) $2.51 billion/billion dollars
D) $3.54 billion/billion dollars

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