Question: For an economy with the following consumption function, C = 200 + 0.75 Yd, a one-time permanent increase in disposable income (Yd) of 200 will
For an economy with the following consumption function, C = 200 + 0.75 Yd, a one-time permanent increase in disposable income (Yd) of 200 will cause consumption to rise by: a. 200 b. 150 c. Less than 150 d. More than200
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