Economy, asked by bhawnasachdeva5, 7 months ago

If  C =450  and   Y =  1,000, the average propensity to consume will be :

    (a)  750        (b)  0.75    (c)   450        (d)  0.45

Q.4.  In the consumption function, C = c + bY, the term c refers to :
(a) value of C when Y = 0 (b) value of C when Y= C
(c) value of C when Y changes (d) value of C when Y is constant

Answers

Answered by ravindrasharma5209
6

Answer:

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Answered by ss7717153gmailcom
6

Answer:

750 is the best answer

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