Here is a consumption function: C = C₀ + MPC(Y_d).If consumption is $3,300,MPC =0.85,and disposable income is $2,100,what does autonomous consumption equal? A) $899.15 B) $450 C) $1,515 D) $4,785 E) none of the above

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The Answer of Here is a consumption function: C = C₀ + MPC(Y_d).If consumption is $3,300,MPC =0.85,and disposable income is $2,100,what does autonomous consumption equal? A) $899.15 B) $450 C) $1,515 D) $4,785 E) none of the above

Here Is a Consumption Function: C = C0 + MPC(Yd)

Here Is a Consumption Function: C = C₀ + MPC(Y_d)