Page 1 of 1
11. [-/1 Points] MY NOTES If consumption is $3 billion when disposable income is $0 and if the marginal propensity to co
Posted: Sun Jul 10, 2022 11:11 am
by answerhappygod
- 11 1 Points My Notes If Consumption Is 3 Billion When Disposable Income Is 0 And If The Marginal Propensity To Co 1 (32.2 KiB) Viewed 65 times
11. [-/1 Points] MY NOTES If consumption is $3 billion when disposable income is $0 and if the marginal propensity to consume is 1 (in billions of dollars) y + 1 find the national consumption function. C(y) = dC dy DETAILS +0.7 Need Help? Read It 12. [-/1 Points] Show My Work (Optional) ( HARMATHAP12 12.4.019.MI. Master It DETAILS HARMATHAP12 12.4.021. Suppose that the marginal propensity to consume is dC = 0.3-e-2y (in billions of dollars) dy MY NOTES PRACTICE ANOTHER PRACTICE ANOT and that consumption is $5.45 billion when disposable income is $0. Find the national consumption function. C(y) =