Could someone please help with the following true/false question. I am lost on how to figure it out. Thanks so much:)
Q: The marginal propensity to consume is 0.8 and autonomous expenditures have just increased by $122. Equilibrium income will drop by $488.© BrainMass Inc. brainmass.com October 9, 2019, 8:38 pm ad1c9bdddf
The marginal propensity to consume is figured.