Multiple Choice
-Refer to the data above to answer this question.What is the equation for the consumption function?
A) C = 200Y.
B) C = 200 + Y.
C) C = 200 + 0.6Y.
D) C = 0.8Y.
E) C = 200 + 0.8Y.
Correct Answer:
Verified
Correct Answer:
Verified
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