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In the Equation C = + I

Question 14

Multiple Choice

In the equation c = In the equation c = + i + u,c denotes consumption and i denotes income.What is the residual for the 5<sup>th</sup> observation if =$500 and =$475? A) $975 B) $300 C) $25 D) $50 + In the equation c = + i + u,c denotes consumption and i denotes income.What is the residual for the 5<sup>th</sup> observation if =$500 and =$475? A) $975 B) $300 C) $25 D) $50 i + u,c denotes consumption and i denotes income.What is the residual for the 5th observation if In the equation c = + i + u,c denotes consumption and i denotes income.What is the residual for the 5<sup>th</sup> observation if =$500 and =$475? A) $975 B) $300 C) $25 D) $50 =$500 and In the equation c = + i + u,c denotes consumption and i denotes income.What is the residual for the 5<sup>th</sup> observation if =$500 and =$475? A) $975 B) $300 C) $25 D) $50 =$475?


A) $975
B) $300
C) $25
D) $50

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