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-The Above Table Has Data on the Consumption Function in the Nation

Question 430

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  -The above table has data on the consumption function in the nation of Mojo. a) What is the amount of autonomous consumption expenditure? b) What is the marginal propensity to consume?
-The above table has data on the consumption function in the nation of Mojo.
a) What is the amount of autonomous consumption expenditure?
b) What is the marginal propensity to consume?

Correct Answer:

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a) Autonomous consumption expenditure eq...

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