Which of the following statements with regards to the following consumption function C = c0 + cYD is/are correct? a. A change in the marginal propensity to consume will result in a change in disposable income. b. If autonomous consumption should be zero consumption will be equal to cYD. c. A change in autonomous consumption will cause a change in the marginal propensity to consume.
Questions about Q3E: Things about the consumption function
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