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-Draw a Consumption Table Where Autonomous Consumption Is $200 and the Marginal

Question 29

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-Draw a consumption table where autonomous consumption is $200 and the marginal propensity to consume is .8. Make sure to start with an income level of $0 and increase by $100 each time up to an income level of $400. Without completing the table any further determine the level of income where consumption and income are equal. Prove this algebraically.
-Draw a consumption table where autonomous consumption is $200 and the marginal propensity to consume is .8. Make sure to start with an income level of $0 and increase by $100 each time up to an income level of $400. Without completing the table any further determine the level of income where consumption and income are equal. Prove this algebraically.
-Draw a consumption table where autonomous consumption is $200 and the marginal propensity to consume is .8. Make sure to start with an income level of $0 and increase by $100 each time up to an income level of $400. Without completing the table any further determine the level of income where consumption and income are equal. Prove this algebraically.

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The consumption function is C ...

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