Suppose the Consumption Function Is Represented as Follows: C =

question 24

Multiple Choice

Suppose the consumption function is represented as follows: C = 200 + 0.75Y. If Y increases by $100, then consumption would increase by:

• A) $70.
• B) $75.
• C) $80.
• D) $90.

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To break or fail to comply with a rule, law, agreement, or principle.

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