In a simple economy assume there are no taxes thus y is


In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=750+0.6Y. Thus, automous consumption is _____ and the marginal propensity to consume is ______. A consumer chose income increases by 100$ will increase consumption by $______.

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Business Economics: In a simple economy assume there are no taxes thus y is
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