Multiple Choice
Here is a consumption function: C = C0 + MPC(Yd) .If consumption is $3,300,MPC =0.85,and disposable income is $2,100,what does autonomous consumption equal?
A) $899.15
B) $450
C) $1,515
D) $4,785
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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