ECS2602 Eghghurit

ECS2602 EXAM PACK 2022 Last document update:   ago

Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 067 171 1739 for assistance. All the best on your exams!! Explanation In country A autonomous consumption is 2 000 while in country B it is 1 000. It is therefore higher in country A. Induced consumption is that part of consumption that depends on income. To know what the induced consumption is we need not only to know what the marginal propensity to consume is but also what the income is. We can there...