Question: If the consumption function is C = $400 billion + 0.8Y, (a) What is the MPC? (b) How large is autonomous C ? (c) How

If the consumption function is C = $400 billion + 0.8Y,

(a) What is the MPC?

(b) How large is autonomous C?

(c) How much do consumers spend with incomes of $4 trillion? 

(d) How much do they save?

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