How to Calculate Autonomous Consumption | Sapling
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"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium level of Income is 2,000, - Economics | Shaalaa.com
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If the consumption function is given by C=0.7 Y 40 state the values of (a) autonomous consumption (b) marginal propensity to consume Transpose this formula to express Y in terms of C and hence find the value of Y when C=110. | Numerade
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