Multiple Choice
-Refer to the information above to answer this question.Which of the following is an expression for the consumption function (out of national income) ?
A) C = 40 + 0.6Y
B) C = 80 + 0.6Y
C) C = 0.8Y
D) C = 40 + 0.8Y
E) C = 340 + 0.6Y
Correct Answer:

Verified
Correct Answer:
Verified
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