Solved

In the Consumption Function: C = a + B(Y -

Question 2

Multiple Choice

In the consumption function: C = a + b(Y - NT) , the term b represents the

A) intercept of the consumption function
B) level of taxation
C) level of net taxation
D) level of income
E) marginal propensity to consume

Related Questions

Q1: The nation of Omega has an MPC

Q3: If C = a + bY, which

Q4: If the net export function is 500

Q5: If C = $3,000 + 0.9Y, which

Q6: If Y = C + I +

Q7: If Y = C + I +

Q8: Consumption that is independent of the level

Q9: Equilibrium output equals autonomous spending multiplied by

Q10: If the marginal propensity to import increases,

Q11: Equilibrium output can be found by solving