Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

A. 0.8
B. 800
C. 810
D. 0.81