Suppose the Consumption Function Is C = $100 + 0

question 33

Multiple Choice

Suppose the consumption function is C = $100 + 0.85Y_D.If disposable income is $400,saving is

• A)-$40.00.
• B)$40.00.
• C)-$15.00.
• D)$15.00.

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Definitions:

Comprehensive Income

The total change in equity for a reporting period other than transactions from owners.

Equity Method

A method of accounting where an investor recognizes its proportionate share of the associate or joint venture's income, losses, and dividends within its own financial statements.

Ownership Percentage

The fraction of an investment or business enterprise owned by an individual or entity, usually expressed as a percentage.

Bud Ltd.

is not a universally recognized key term; it might refer to a specific entity or business and its significance might vary by context. NO.