Economics · Macroeconomics
Which of the following represents the linear short-run Keynesian consumption function?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C = a / (bY)
- 2C = bY
- 3C = a - bY
- 4C = a + bY✓
Correct answer
C = a + bY
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