Suppose the Keynesian consumption function is C 500 0 8Y If Y 1-09230
Suppose the Keynesian consumption function is C = $500 + 0.8Y. If Y = $1,000, what is the amount of consumption?
This multiple choice question (MCQ) is related to the book/course
vu eco403 Macroeconomics.
It can also be found in
vu eco403 Final Term - Quiz No.7.
Similar question(s) are as followings:
Suppose the consumption function is C = $10 + 0.75Y. If Y = 50 $, then the amount of consumption is:
