Question 9

The parameter ' b' in a consumption function of the form; c = a + bY; where Y is the National Income is

  • A.Marginal benefit of consumption
  • B.Marginal propensity to purchase
  • C.Marginal propensity to consume
  • D.Marginal propensiity to save
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2013/2014
Question no.
#9
Type
Objective

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