11. Find autonomous consumption and total consumption when saving func – InterviewSolution

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1.	11. Find autonomous consumption and total consumption when saving function is S = -100 +0.5Y and Y=1500
Answer» c= 850autonomous consumption=100Explanation:we KNOW that MPS =1-MPCwe know that AUTONOMOUS consumption is equal to saving but DIFFERENT signs-100 saving= -(-100) autonomous consumption= 100

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