Question 39 Here is a consumption function: C = Co+MPC(Yd). If Co-$200, then we know that O a. when Yg falls, C falls by
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 39 Here is a consumption function: C = Co+MPC(Yd). If Co-$200, then we know that O a. when Yg falls, C falls by
Question 39 Here is a consumption function: C = Co+MPC(Yd). If Co-$200, then we know that O a. when Yg falls, C falls by MPC times Co. O b. if Yd is zero, C will be $200. Oc. C will always equal Co. O d. when Yd rises, C rises by $200.