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Y= consumption X= Disposable income
Autonomous consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
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pule
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Autonomous consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
1 answer
asked by
pule
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Autonomous consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
1 answer
asked by
pule
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Induced consumption is consumption that:
varies directly with disposable income varies inversely with disposable income
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pule
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3. (Consumption and Saving) Supposed that consumption equals $500 billion when disposable income is $0 and that each increase of
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Anonymous
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The disposable income of mr joseph in year 2000 was N13000 while his consumption expenditure stood at N11,500, As a result of
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miracle
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In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=250 + 0.8Y
.
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111
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consumption function, C=5+0.75*(Y-T). Y is,national income and T is government taxes.
a What is the marginal propensity to
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asked by
Bo
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Consider the following consumption function. C = 200 + .75(DPI),
Where C is consumption, autonomous spending is 200, the MPC is
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ben
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Which of the following statements is true concerning the consumption function?
it slopes upwards its slope equals the MPC it
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pule
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