Autonomous consumption spending is consumption spending

a. that is dependent on changes in income
b. on durable goods
c. that causes the MPC to rise
d. that is independent of the level of income
e. that causes the MPC to fall

D

Economics

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Figure 5-4


Refer to . The figure illustrates an industry that generates
a.
external benefits.
b.
external costs.
c.
no externalities.
d.
economies of scale.

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Economics

Refer to the data. The value for Y is:



A. 25.
B. 30.
C. 40.
D. 45.

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Economics