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Mathematics, 02.03.2020 16:55 Wolfman2004

Aggregate Consumption Function Scenario. The aggregate consumption function is given by the following equation: C = 1,000 + 0.75YD where C stands for consumption and YD stands for disposable income. Suppose disposable income increases by $100, this means aggregate consumption will increase by and autonomous consumption .

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Aggregate Consumption Function Scenario. The aggregate consumption function is given by the followin...
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