Multiple Choice
FIGURE 21-2 Refer to Figure 21-2.Which of the following is the correct equation for the consumption function depicted in the figure?
A) C = 500 + (2/3) YD
B) C = (0.5) YD
C) C = 1000 + (2/3) YD
D) C = 500 + (0.5) YD
E) C = 2000 + (2/3) YD
Correct Answer:
Verified
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