In the Keynesian consumption function, if people receive $1,000 in additional income, will they increase their consumption

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In the Keynesian consumption function, if people receive $1,000 in additional income, will they increase their consumption spending by $1,000, more than $1,000, or less than $1,000?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 18, 2024 04:01 AM

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In the Keynesian consumption function, if people receive $1,000 in additional income, will they increase their consumption

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Economics Barrons Business Review Series

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