Given autonomous consumption function, MPC (b) = 0.8, write equation of consumption function and determine value of consumption when income (Y) = र 3000 crores.

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Determination of Income and Employment

Prabhat Rajore · Accepted Answer

Given autonomous consumption function, MPC (b) = 0.8, write equation of consumption function and determine value of consumption when income (Y) = र 3000 crores. - Wired Faculty

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Determination Of Income And Employment

Given autonomous consumption function, $open parentheses top enclose straight C close parentheses space equals space 500 space crores.$ MPC (b) = 0.8, write equation of consumption function and determine value of consumption when income (Y) = र 3000 crores.

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