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kaarnold98 kaarnold98
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Posts: 496
Rep: 14 0
4 years ago
If the consumption function is C = 90 + 0.75y, then the marginal propensity to consume is

▸ 0.2.5.

▸ 0.75.

▸ 67.5.

▸ 90.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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lindslinds
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4 years ago
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wrote...
#2
4 years ago
If the consumption function is C = 90 + 0.75y, then the level of autonomous consumption is

▸ 0.25.

▸ 0.75.

▸ 67.5.

▸ 90.
wrote...
#3
4 years ago
90.
wrote...
#4
4 years ago
If the consumption function is C = 90 + 0.75y, then the marginal propensity to save is

▸ 0.25.

▸ 0.75.

▸ 67.5.

▸ 90.
wrote...
#5
4 years ago
0.25.
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