Solved

Assume That the Consumption Function Is C = 200 Billion

Question 45

Multiple Choice

Assume that the consumption function is C = 200 billion + 0.8Y. When Y equals $200 billion, then saving equals _______ billion.

A) $- 100
B) $140
C) $0
D) $- 160

Related Questions

Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" -Refer to Table

Q41: If the government collects taxes using a

Q42: An increase in the marginal propensity to

Q43: If consumption is $5,000 when income is

Q44: If the consumption function is C =

Q46: When the consumption function is expressed as

Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 11.4 -Refer

Q48: An unexpected increase in inventories has:<br>A) no

Q49: Which of the following is not an

Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" -Refer to Table