If the consumption function is C = 300 + 2Y 2 /1 + Y calculate MPC and
Question:
If the consumption function is
C = 300 + 2Y2/1 + Y
calculate MPC and MPS when Y = 36 and give an interpretation of these results.
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dc dy MPC 1Yx4Y3002yx1 2y 4Y300 1x 11 ...View the full answer
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Muhammad Salman Alvi
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