If an Example of a Keynesian Consumption Function Is C

question 12

Multiple Choice

If an example of a Keynesian consumption function is C = 2,000 + 0.8Y, and Y is 30,000, then the average propensity to consume is about:

• A)0.8.
• B)0.82.
• C)0.85.
• D)0.87.

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Definitions:

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Green Marketing

Marketing efforts designed to communicate and promote the environmental benefits of a product or service.

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A children's meal sold by a prominent fast-food company that typically includes a main item, a side, a drink, and a toy.