Question: 1. Consider the consumption function C = a +XY+ Et, (1.1) where Ct is aggregate consumption at t, > is marginal propensity to consume (0

1. Consider the consumption function C = a +XY+ Et, (1.1)

1. Consider the consumption function C = a +XY+ Et, (1.1) where Ct is aggregate consumption at t, > is marginal propensity to consume (0

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