Here Is a Consumption Function: C = C₀ + MPC(Y_d)

question 110

Multiple Choice

Here is a consumption function: C = C₀ + MPC(Y_d) .If consumption is $3,300,MPC =0.85,and disposable income is $2,100,what does autonomous consumption equal?

• A) $899.15
• B) $450
• C) $1,515
• D) $4,785
• E) none of the above

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Definitions:

Aging Parents

Older adults who are parents, often facing health and mobility challenges while possibly being cared for by their children.

Attempt Suicide

The act of intentionally trying to end one’s own life but not resulting in death.

Suicide Rates

The proportion of individuals within a specified population who die by suicide over a given period.

Males Age

The process of growing older that occurs in male individuals, affecting their physiology and health.