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(20)1 3.-Assume that marginal propensity to consume is 0.75. autonomous consumption is . 100 units (consumption function therefore is as follows: C=100+0.75.Y), Calculate.T a. >

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(20)1 3.-Assume that marginal propensity to consume is 0.75. autonomous consumption is . 100 units (consumption function therefore is as follows: C=100+0.75.Y), Calculate.T a. > Multiplier b. -Equilibrium output if Y=100-5 c. "How much does equilibrium output change if autonomous consumption increases by 50 to-150 units (Hint: use multiplier) 1

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