Chapter 11 Homework. Number 1: Lauren Number 4: Travis Number 8: Stephanie Number 14: Nicole Alternate: Kelly. Chapter 12 homework (due Monday). Numbers 5, 10, 13, and 15. Appendix for Chapter 12. The Keynesian Cross. The Keynesian Cross.
The Keynesian Cross
c0represents autonomous consumption, consumption that is independent of income.
c′is the marginal propensity to consume.
y is income.