If the consumption function is given by C = 150 + 0.85(Y - T) and T increases by 1 unit, then saving
A)decreases by 0.85 units.
B)decreases by 0.15 units.
C)increases by 0.15 units.
D)increases by 0.85 units.

Question

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The Answer of If the consumption function is given by C = 150 + 0.85(Y - T) and T increases by 1 unit, then saving
A)decreases by 0.85 units.
B)decreases by 0.15 units.
C)increases by 0.15 units.
D)increases by 0.85 units.

If the Consumption Function Is Given by C = 150