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Answer to Question #182595 in Macroeconomics for don
Question #182595
Consumption (C) is 600 when income (Y) is equal to 1500. Solve for autonomous consumption
Expert's answer
Autonomous consumption in this case is;
"C = A + D"
"600=A+1500"
"A=-900"
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#339914 on Dec 2023
#339914 on Dec 2023
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