Suppose That the Marginal Propensity to Save Is (In

question 16

Multiple Choice

Suppose that the marginal propensity to save is (in billions of dollars) and that consumption is $9 billion when disposable income is 0. Find the national consumption function C. Round numbers in our answer to two decimal places when appropriate. If it's necessary, round your calculations to two decimal places. ​

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Definitions:

High-Context Culture

A culture in which the social context surrounding a written document is far more important than the document itself. One must be very careful about cultural norms, nonverbal behaviors on both sides, and anything else involving the overall atmosphere of the communication.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups or cultures.

Selective Listening

Paying attention only to information that confirms one's preconceptions, ignoring or dismissing differing viewpoints.

Subconscious Mind

The part of the mind of which one is not fully aware but which influences one's actions and feelings.