i neeed in Words (not handwritten) Disposableincome (trillionsof 2000 dollars)Consumptionexpenditure(trillions of 2000dollars)1) The above table has data on the consumptionfunction in the nation of Mojo.a) What is the amount of autonomous consumptionexpenditure?b)What is the marginal propensity to consume?0.00.81.01.62.02.43.03.24.04.0

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Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter10: Consumer Choice Theory

Section: Chapter Questions

Problem 10P

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