Assume taxes are zero and an economy has a consumption function of C = 0.68 (Yd) + $237.99.  What is the marginal propensity to consume for this economy?  Round your answer to two digits after the decimal.

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Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
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Assume taxes are zero and an economy has a consumption function of C = 0.68 (Yd) + $237.99.  What is the marginal propensity to consume for this economy?  Round your answer to two digits after the decimal.

 

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