Suppose the consumption function is c 200 08y which of the following is true select one 

a). This economy's consumption is 300 when income is 100. 

b). This economy's consumption is 200 when income is 0. 

c). When income increases by 100, consumption increases by 90. 

d). The marginal propensity to save in this economy is 03.

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Suppose the consumption function is given by ... View the full answer