CUET Economics 2025 13 May Shift 1 PYQs

In the consumption function $C = \bar{C} + cY$; autonomous consumption denoted by:

1. $C$
2. $cY$
3. $\bar{C}$
4. $Y$

If the government changes transfer payments ($\overline{TR}$), autonomous spending ($A$) will change by?

If the marginal propensity to consume is 0.6. Then what will be the value of tax multiplier?