Multiple Choice
If consumption behavior can be described as C = 50 + .8Y, then the saving function is
A) S = 50 + .2Y.
B) S = -50 + .2Y.
C) S = -50 + .8Y.
D) S = 50 + .8Y.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: In the Keynesian model, an increase in
Q75: If the marginal propensity to consume is
Q76: An increase in interest rates will cause
Q77: In the Keynesian model, when desired saving
Q78: The aggregate demand curve is negatively sloped
Q80: Assume a consumption function of C =
Q81: In a simple Keynesian model, an increase
Q82: Assume a consumption function of the following
Q83: In the Keynesian model, changes in the
Q84: In the Keynesian model, a build-up of