Solved

Answer the Question on the Basis of the Following Consumption

Question 102

Multiple Choice

Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.   (Advanced analysis) Refer to the given data.When plotted on a graph,the vertical intercept of the consumption schedule in economy (3) is _____ and the slope is _____. A)  minus $2;.9 B)  $2;.18 C)  $100;.5 D)  $2;.9 (Advanced analysis) Refer to the given data.When plotted on a graph,the vertical intercept of the consumption schedule in economy (3) is _____ and the slope is _____.


A) minus $2;.9
B) $2;.18
C) $100;.5
D) $2;.9

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions