Solved

-Refer to the Above Information to Answer This Question

Question 33

Multiple Choice

-Refer to the above information to answer this question.What is the algebraic expression for consumption as a function of national income?

A) C = 20 + 0.6Y.
B) C = -20 + 0.6Y.
C) C = 20 + 0.8Y.
D) C = -20 + 0.8Y.

Related Questions

Q28: All of the following,except one,will cause a

Q29: All of the following except one are

Q30: In the following table,you are given the

Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q32: What is the effect on MPE,if there

Q34: If the MPS is 0.3,then what is

Q35: Assume the MPE has a value of

Q36: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to Table

Q38: If the MPE is equal to 0.4,what