If consumption is $6 billion when disposable income is $1 billion and if the marginal propensity to

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If consumption is $6 billion when disposable income is $1 billion and if the marginal propensity to consume is

dC 0.3 0.4 + Vy dy

find the national consumption function.

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Nov 16, 2020 01:37 AM

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If consumption is $6 billion when disposable income is $1 billion and if the marginal propensity to

Question:

dC 0.3 0.4 + Vy dy

Step by Step Answer:

Cv040312dy ...View the full answer

Mathematical Applications For The Management, Life And Social Sciences

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