4019EconomicsMedium
If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the marginal propensity to consume is what?
A0.81
B800
C810
D0.8
Correct answer
A. 0.81
Explanation
The correct answer is 0.81.
Correct answer
A. 0.81
Explanation
The correct answer is 0.81.
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