If consumption is $7 trillion when disposable income is $0 and if the marginal propensity to consume

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If consumption is $7 trillion when disposable income is $0 and if the marginal propensity to consume is 0.80, find the national consumption function (in trillions of dollars).

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 07:16 AM

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If consumption is $7 trillion when disposable income is $0 and if the marginal propensity to consume

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Mathematical Applications for the Management Life and Social Sciences

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