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  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 155

Question 155

Multiple Choice

Use the following to answer questions .
Exhibit: Consumption and Real GDP Use the following to answer questions . Exhibit: Consumption and Real GDP   -(Exhibit: Consumption and Real GDP)  An equation for the consumption function is A)  C = 1 + Y. B)  C = Y. C)  C = 1 + 2Y. D)  C = 1 + 0.5Y.
-(Exhibit: Consumption and Real GDP) An equation for the consumption function is


A) C = 1 + Y.
B) C = Y.
C) C = 1 + 2Y.
D) C = 1 + 0.5Y.

Correct Answer:

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