Question: If C = 500, b = 0.75, and Y = 500, we can correctly conclude that a. Autonomous Consumption = 0 b. Investment = 500
If C = 500, b = 0.75, and Y = 500, we can correctly conclude that
a. Autonomous Consumption = 0 b. Investment = 500
c. APC = 1 d. APS = 0.25
If imports are fixed, taxes equal zero, and the multiplier is given as 10, we can correctly estimate that
a. MPC = 0.10 b. MPS = 0.01
c. APS = 0.01 d. MPS = 0.10
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