Chapter9: Aggregate Expenditures
Section: Chapter Questions
Problem 10E
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66. Consider the following consumption function
C = 1100 + 0.6Yd
What is autonomous consumption?
О а. 1100
O b. 400
Oc. 500
O d. 1000
n12
63. Fatima's disposable income increases by $1000, and she spends $600 of it. Fatima's
O a. MPS is 0.6 and her MPC is 0.6.
O b. MPS is 0.3 and her MPC is 0.6.
O . MPS is 0.4 and her MPC is 0.4.
O d. MPS is 0.4 and her MPC is 0.6.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F34810442-ab65-4a5a-9a53-712ca2921610%2Fa296e178-7abe-43a8-ab0c-ef6660888cce%2Fjqnqwsu_processed.png&w=3840&q=75)
Transcribed Image Text:11
66. Consider the following consumption function
C = 1100 + 0.6Yd
What is autonomous consumption?
О а. 1100
O b. 400
Oc. 500
O d. 1000
n12
63. Fatima's disposable income increases by $1000, and she spends $600 of it. Fatima's
O a. MPS is 0.6 and her MPC is 0.6.
O b. MPS is 0.3 and her MPC is 0.6.
O . MPS is 0.4 and her MPC is 0.4.
O d. MPS is 0.4 and her MPC is 0.6.
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