Refer to the Information Provided in Table 22 The Data in the Table Was Used to Estimate the Answer

question 14

Multiple Choice

Refer to the information provided in Table 22.3 below to answer the question(s) that follow.
Table 22.3
$$\begin{array} { | c | c | c | } \hline \text { Point } & \begin{array} { c } \text { Aggregate } \\\text { Income } ( \boldsymbol { Y } ) \end{array} & \begin{array} { l } \text { Aggregate } \\\text { Consumption } ( \boldsymbol { C } ) \end{array} \\\hline \boldsymbol { A } & 15 & 19 \\\hline \boldsymbol { B } & 30 & 23 \\\hline C & 45 & 27 \\\hline D & 60 & 31 \\\hline E & 75 & 35 \\\hline F & 90 & 39 \\\hline\end{array}$$ The data in the table was used to estimate the following consumption function: C = 20 + 0.2Y
-Refer to Table 22.3. The error for point D is equal to

• A) -2.
• B) -1.
• C) +1.
• D) +2.

---

Definitions:

Reports

Documents that present information in a structured format for a specific audience and purpose.

Proposals

Proposals are detailed and structured plans or suggestions put forward for consideration or discussion by others, often aiming to persuade or inform.

Research

The methodical exploration and examination of materials and sources with the aim to discover facts and form new insights.

Sales Messages

Communications designed to persuade or inform potential customers about a product or service with the aim of initiating a sale.