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Refer to the Information Provided in Figure 23

Question 13

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Refer to the information provided in Figure 23.4 below to answer the question(s) that follow. Refer to the information provided in Figure 23.4 below to answer the question(s) that follow. Figure 23.4 -Refer to Figure 23.4. Suppose the consumption function for C<sub>1</sub> = 20 + 0.5Y, the consumption function that best fits C<sub>3</sub> is A) C<sub>3</sub> = 20 + 0.8Y. B) C<sub>3</sub> = 20 + 0.4Y. C) C<sub>3</sub> = 40 + 0.5Y. D) C<sub>3</sub> = 40 + 0.4Y. Figure 23.4
-Refer to Figure 23.4. Suppose the consumption function for C1 = 20 + 0.5Y, the consumption function that best fits C3 is


A) C3 = 20 + 0.8Y.
B) C3 = 20 + 0.4Y.
C) C3 = 40 + 0.5Y.
D) C3 = 40 + 0.4Y.

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