In the Keynesian consumption function a. consumption is a constant fr

In the Keynesian consumption function

a. consumption is a constant fraction of income.
b. the marginal propensity to consume is constant.
c. disposable income determines consumption.
d. All of the above
e. None of the above

 

ANSWER

D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00