anations consumption function expressed in millions of, Ask an Expert

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Q. A nation's consumption function (expressed in millions of inflation- adjusted dollars)is: C=200+.80*DI

a. what is value of autonomous saving?

b. what is value of autonomous consumption?

c. what is marginal propensity to save?

d. what is marginal propensity to consume

e. write out savings function.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9294338

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