Consumption Function

Welcome to the Consumption Function category on Questions LLC! This category is designed for those seeking answers and insights about the Consumption Function, an essential concept in economics. The Consumption Function refers to the relationship between household consumption and various determinants, such as income, wealth, and interest rates. Whether you're a student, an aspiring economist, or simply someone curious about how consumption patterns are influenced, this category is your go-to place. Explore the questions and answers here to deepen your understanding of this crucial aspect of economics.

Questions (15)

In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=250 + 0.8Y.
1. 7 answers
2. asked by 111
3. 149 views
An economy's consumption function is depicted in the table below.n econoDisposable Income (Yd)($ billions): 0, 120,
1. 10 answers
2. asked by 111
3. 151 views
An economy's consumption function is depicted in the table below.Disposable Income Y ($, billions): 0, 125, 250, 375, 500,
1. 15 answers
2. asked by 111
3. 217 views
A certain economy's consumption function is given by the equationC(x)=0.75x+5 where C(x) is the personal consumption expenditure
1. 4 answers
2. asked by Rob
3. 2,222 views
If the consumption function is C = $200 billion + 0.6Y,(a) How much do consumers spend with incomes of $8.25 trillion? I got 5.2
1. 3 answers
2. asked by jay
3. 1,639 views
16.Helen’s consumption function may be stated as $1,000 + 0.75 × YD. If her income is $50,000, her consumption will be: A)
1. 2 answers
2. asked by Lynne
3. 736 views
15.Helen’s consumption function may be stated as $1,000 + 0.75 × YD . Her autonomous consumption is: A) 0.75. B) 0.25. C)
1. 2 answers
2. asked by Lynne
3. 646 views
The slope of the consumption function equals:A. 1-MPS B. 1/(1-MPS) C. 1-MPC D. MPC/MPS E. MPS
1. 2 answers
2. asked by Mary
3. 516 views
Consider the simple economy of Behr, whose government does not tax its citizens. The consumption function of Behr is given by:
1. 3 answers
2. asked by Mary
3. 625 views
A Keynesian Consumption Function:In his famous 1936 book, A General Theory of Employment, Interest and Money, the noted British
1. 1 answer
2. asked by sam
3. 515 views
If the consumption function is a straight line then the MPC is greater then oneI think that's right can anyone verify this for
1. 1 answer
2. asked by Alex
3. 385 views
Problem #2: A Consumption Function: C = Co + MPC(Yd). Suppose that autonomous consumption is inversely related to the interest
1. 1 answer
2. asked by Sally
3. 476 views
Let's say that a consumption function is given as c = 50 + 0.75y. Find the marginal propensity to consume
1. 1 answer
2. asked anonymously
3. 13 views
Mathematically explain consumption function
1. 1 answer
2. asked by Zika Presh
3. 9 views
With the formula of consumption function determine MPC
1. 1 answer
2. asked by Zika Presh
3. 14 views