The Value of the Vertical Intercept Is $100 and the Slope

question 11

Essay

The value of the vertical intercept is $100 and the slope is 0.8 in a linear equation for consumption (measured on the vertical axis) and disposable income (measured on the horizontal axis).If disposable income is $1000, what is consumption? State the linear equation and show how you found the answer.

---

Definitions:

Sick Leave Programs

Employer-provided benefits that allow employees to take time off work with pay when they are ill, to ensure health recovery without the loss of income.

Family and Medical Leave Act

A federal law in the United States that grants eligible employees the right to take unpaid, job-protected leave for family and medical reasons.

Eligibility Requirements

Specific criteria or conditions that individuals must meet in order to qualify for a program, service, or position.