Suppose the Consumption Function Is C = $200 + 0

question 84

Multiple Choice

Suppose the consumption function is C = $200 + 0.85Y_D.If disposable income is $400,consumption is

• A)$200.
• B)$540.
• C)$340.
• D)$185.

---

Definitions:

Stratification

The process of dividing a population or data set into distinct layers or categories based on specific criteria.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Asian American

A term referring to Americans of Asian descent or origin, representing a diverse group from East Asia, Southeast Asia, and the Indian subcontinent.

Buying Patterns

Analysis of consumer purchasing habits to predict future purchasing behavior and preferences.