Assume That the Consumption Function Is C = 200

question 199

Multiple Choice

Assume that the consumption function is C = 200 + 0.8Y. The value of the point at which the consumption function intersects the C axis is:

• A) 200.
• B) 300.
• C) 400.
• D) 500.

---

Definitions:

Lessee

The party in a lease agreement who receives the right to use an asset from the lessor in exchange for payment.

Lessor

An entity or individual that leases an asset to a lessee, retaining ownership of the asset while granting usage rights for a specified period under agreed conditions.

Lessee

The party that is granted the right to use an asset for a specified period through a lease agreement.

Lessor

The party that rents out an asset or property to another party, known as the lessee.