In the equation C = a + bY, which describes the aggregate consumption – McqOptions

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1.	In the equation C = a + bY, which describes the aggregate consumption function ‘b’ stands for ?
A.	The marginal propensity to consume.
B.	The amount of income when consumption is zero
C.	The average consumption level
D.	The amount of consumption when income is zero
Answer» B. The amount of income when consumption is zero

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