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econ 203 lab 3 question 5.d d} It the equation for the consumption function is: C = C0 + cY: o the level of autonomous

econ 203 lab 3 question 5.d

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d} It the equation for the consumption function is: C = C0 + cY: o the level of autonomous consumption expenditure is c. o aggregate consumption C does not depend on real income Y. o the marginal propensity to consu me. ACIAY = c. o the marginal propensity to save, ASIAY = Co

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