Multiple Choice
-Refer to the graph above to answer this question.What is the equation for the consumption function?
A) C = 100 + 0.2Y.
B) C = 100 + 0.4Y.
C) C = 100 + 0.6Y.
D) C = 100 + 0.8Y.
E) C = -100 + 0.8Y.
Correct Answer:
Verified
Related Questions
Q27: Q28: The following data relates to a national Q29: Q30: All of the following,except one,are true statements Q31: What happens if aggregate expenditures exceeds the Q33: What is true of unplanned investment? Q34: What happens to the value of net Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)It is