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Business, 09.06.2020 02:57 Worldprofessor6252
Given the consumption function C = 5000 + 0.6Yd, an increase in the disposable income of $500 will result in an increase in consumption of Yd = Y - T which of the following statements is true about say's law
A) $300
B) $500
C) $600
D) $5,300
E) None of the Above
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Given the consumption function C = 5000 + 0.6Yd, an increase in the disposable income of $500 will r...
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