Question
In the multiplier model, we assume that when income is zero, aggregate consumption will be equal to: a. investment b. zero c. the amount of
In the multiplier model, we assume that when income is zero, aggregate consumption will be equal to:
a.
investment
b.
zero
c.
the amount of autonomous consumption
d.
the marginal propensity to consume
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
