Multiple Choice
Refer to the information provided in Figure 8.4 below to answer the questions that follow. Figure 8.4
-Refer to Figure 8.4.Suppose the consumption function for C1 = 10 + 0.8Y,the consumption function that best fits C2 is
A) C2 = 20 + 0.8Y.
B) C2 = 10 + 0.4Y.
C) C2 = 40 + 0.5Y.
D) C2 = 20 + 0.1Y.
Correct Answer:

Verified
Correct Answer:
Verified
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