Given a consumption function C = 250 + 0.75Yd, autonomous consumption is ____

May 3, 2021 – by admin

Question:

Given a consumption function C = 250 + 0.75Yd, autonomous consumption is ____

A.

0.75

B.

0

C.

250

D.

-0.75

Answer» c. 250

Note:

The above multiple-choice question is for all general and Competitive Exams in India.