Multiple Choice
(Advanced analysis) Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. When plotted on a graph,
The vertical intercept of the consumption schedule in economy (3) is _____ and the slope is _____.
A) minus $2; 0.9
B) $2; 0.18
C) $100; 0.5
D) $2; 0.9
Correct Answer:
Verified
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