If consumption is $8 trillion when income is $0 and if the marginal propensity to consume is

Question:

If consumption is $8 trillion when income is $0 and if the marginal propensity to consume is dC /
dy = 0.3 + 0.2 / √y find the national consumption function.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: