Here Is a Consumption Function: C = C 0 + MPC(Y d )

The Answer of Here Is a Consumption Function: C = C 0 + MPC(Y d )

The Answer of Here Is a Consumption Function: C = C 0 + MPC(Y d )

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Here Is a Consumption Function: C = C₀ + MPC(Y_d)

Question 89

Here is a consumption function: C = C₀ + MPC(Y_d) .The C₀ term is usually defined as

A) autonomous consumption.
B) point-zero consumption.
C) mandatory consumption.
D) propensitory consumption.
E) none of the above

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