Economy, asked by shravnikalamkar, 7 months ago

If MPC is 0.75 and income level at the consumption level of 1000 is 1200, then autonomous
consumption would be 200. Do you agree ? If yes, why ? If no, why?

Answers

Answered by tisha1404

0

Answer:

no , the autonomous consumption should be 100 to satisfy the equation of consumption function

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