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  3. Study Set
    Business Economics Macro
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    Exam 7: Economics and Public Finance
  5. Question
    In the Linear Consumption Function C = a + B(Y)
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In the Linear Consumption Function C = a + B(Y)

Question 16

Question 16

Multiple Choice

In the linear consumption function C = a + b(Y) , coefficient 'a' denotes


A) MPC
B) APC
C) Autonomous consumption
D) Induced consumption

Correct Answer:

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