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Use the equation C=a+bY to motivate a discussion of the Keynesian consumption Function. Graph this function...

Use the equation C=a+bY to motivate a discussion of the Keynesian consumption Function. Graph this function and then show the effect of at least four variables on aggregate consumption expenditures. You must provide a complete explanation and diagram of each case of how each variable influences the level of consumption.

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Rahul Sunny answered 9 months ago
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