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The equation for a consumption function in a simple economy, where there are no taxes, is given by C = 200 + 0.75Y, where Y
The equation for a consumption function in a simple economy, where there are no taxes, is given by C = 200 + 0.75Y, where Y denotes aggregate income. Part 2 Autonomous consumption is enter your response here. (Enter your response as an integer.) Part 3 MPC is enter your response here. (Enter your response rounded to two decimal places.)
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