Suppose the Consumption Function Equaled C = 2

question 124

Multiple Choice

Suppose the consumption function equaled C = 2 + .7(Y - T) .If taxes increased by $10 billion,the expenditure line would shift

• A)down by $7 billion.
• B)up by $10 billion.
• C)up by $7 billion.
• D)down by $10 billion.
• E)down by $3 billion.

---

Definitions:

Species

The basic unit of biological classification, defined as a group of individuals that can interbreed and produce fertile offspring.

X-ray Diffraction

X-ray diffraction is a technique used to study the atomic and molecular structure of materials by observing the patterns formed by the diffraction of X-rays through the material.

Rosalind Franklin

Rosalind Franklin was a British chemist and X-ray crystallographer whose work was critical in understanding the molecular structures of DNA, RNA, viruses, coal, and graphite.

DNA

Deoxyribonucleic acid, a molecule that contains the instructions an organism needs to develop, live, and reproduce.