The diagram below shows desired aggregate expenditure for a hypothetical economy.Assume the following features of this economy: • marginal propensity to consume (mpc) = 0.80
• net tax rate (t) = 0.15
• no foreign trade
• fixed price level
• all expenditure and income figures are in billions of dollars. 
FIGURE 22-3
Refer to Figure 22-3.Which of the following correctly describes the consumption function for this economy?
Definitions:
Planned Change
A deliberate effort to modify or transform processes, policies, or practices within an organization.
Comprehensive Redirection
Extensive changes or adjustments made in strategy, focus, or operations to address new challenges or opportunities.
Change Leader
is an individual who drives and manages change within an organization by influencing and guiding others towards new objectives.
Risk Taker
An individual or entity willing to engage in actions or decisions that have the potential for significant loss in anticipation of a possible reward.
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