977EconomicsMedium
If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what?
A0.8
B800
C0.81
D810
Correct answer
D. 810
Explanation
The correct answer is 810.
Correct answer
D. 810
Explanation
The correct answer is 810.
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