Multiple Choice
-Consider the above figure.The equation for the consumption function is
A) C = 40 + 60 .
B) C = 40 + 50 .
C) C = 40 + 0.33 .
D) C = 40 + 0.1 .
Correct Answer:

Verified
Correct Answer:
Verified
Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q62: Planned expenditures equal real disposable income<br>A) at
Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q91: The average propensity to consume is<br>A) real
Q133: One of the primary determinants of planned
Q177: In economics, the term "autonomous" means<br>A)existing independently.<br>B)non-economic
Q262: At a level of real disposable income
Q341: The size of the multiplier depends on<br>A)
Q423: Which of the following theories predicts that
Q443: Nonconsumable goods that firms use to make