The Keynesian Consumption Function Is C = a + BYd

question 7

Multiple Choice

The Keynesian consumption function is C = a + bYd. What does b represent?

• A) The marginal propensity to consume
• B) Disposable income
• C) Autonomous spending
• D) Total consumption

---

Definitions:

Videotaped Sequences

Recordings of actions or events captured on video, often used for analysis or instruction.

Intuitive Understanding

The immediate comprehension or perception of something, without the need for conscious reasoning.

Style of Interaction

The manner or approach by which individuals communicate and engage with one another.

Prior Knowledge

The information and understanding that one already possesses before encountering new information or experiences.