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Social Studies, 17.10.2020 15:01 potaetoo6879

If the consumption function is C = $600 billion + 0.9Y, Instructions: In part a, enter your response rounded to one decimal place. In parts b-d, enter your responses rounded to the nearest whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. What is the MPC? 0.9 b. How large is autonomous consumption? $ 600 billion c. How much do consumers spend with incomes of $4 trillion? $ 4200 billion d. How much do they save? $ billion

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If the consumption function is C = $600 billion + 0.9Y, Instructions: In part a, enter your response...
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