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If the Keynesian Consumption Function Is Written As C=Cˉ+CYC = \bar { C } + C Y

Question 120

Multiple Choice

If the Keynesian consumption function is written as C=Cˉ+CYC = \bar { C } + C Y then the average propensity to consume is:


A) c.
B) Cˉ\bar { C }
C) Cˉ/Y+C\bar{C} / Y+C

D) Cˉ+c/Y\bar { C } + c / Y

Correct Answer:

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