A country's consumption function described as C=500+ 0.7 Y the Autonomous consumption Option 1: 350 Option 2: 500 Option 3: 3500 Option 4: 350

The answer is '500'. View full solution:

CUET Economics - A country's consumption function described as C=500+ 0.7 Y the Autonomous consumption | PYQs + Solutions

CUET Economics

Macro

Easy

350

500

3500

350

✅ Correct Option: 2

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(D) Producers plan to produce less in the next period.

Choose the correct answer from the options given below:

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