Refer to the Information Provided in Table 36

question 93

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 C is equal to

• A) -2.
• B) 0.
• C) +2.
• D) +4.

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Definitions:

Committee

A group of people appointed for a specific function, typically consisting of members of a larger group.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Majority Opinion

The viewpoint held by the greater number of members within a group, often reflected in decision-making processes.

Unpopular Opinions

Views or beliefs that are contrary to the mainstream or accepted consensus, often provoking discussion or debate.