Refer to the Information Provided in Table 36

question 47

Multiple Choice

Refer to the information provided in Table 36.3 below to answer the question(s) that follow.
Table 36.3
The data in the table was used to estimate the following consumption function: C = 20 + 0.2Y
-Refer to Table 36.3. The error for point A is equal to

• A) -4.
• B) -2.
• C) +2.
• D) +4.

---

Definitions:

General Legacy

A bequest of a specific amount of money or a specific asset to a particular beneficiary, as stipulated in a will.

Specific Legacy

A bequest in a will that leaves a particular piece of property or a specified asset to a designated beneficiary.

Residual Legacy

The remainder of an estate that is left after all specific bequests have been fulfilled and debts have been paid.

Devise

A legal term for the act of leaving real estate property to someone through a will.