Try another version of these questions Consider the following infomation in the table below. Given this data the consumption function can be written as: C = + Y Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following consumption fuction: C = 50 + 0.55*Y What is the level of autonomous consumption? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following consumption fuction: C = 50 + 0.55*Y What is the MPC? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Income (Y) Consumption (C) Savings (S) 1300 1240 60 1560 1474 86 1820 1708 112 2080 1942 138
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity