Suppose that the marginal propensity to consume is dC (in billions of dollars) dy and that consumption is $5.7 billion w
Posted: Wed May 11, 2022 4:31 am
Suppose that the marginal propensity to consume is dC (in billions of dollars) dy and that consumption is $5.7 billion when disposable income is $0. Find the national consumption function. = 0.3 - e-2y e C(y) = 0.3y -2y + 5.2 2 X