Question: can someone please help me on macro A nation's consumption function (expressed in millions of inflation-adjusted dollars) is C = $700 +0.77. There are no
can someone please help me on macro
A nation's consumption function (expressed in millions of inflation-adjusted dollars) is C = $700 +0.77. There are no taxes in this nation and saving is the only leakage. a) What is the value of autonomous saving? b) What is the marginal propensity to save in this economy? (Round your answer to two decimal places.) c) What is the value of the multiplier? (Round your answer to two decimal places.)
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