If the Consumption Function Is C = 25 + 0

question 118

Multiple Choice

If the consumption function is C = 25 + 0.9y and income increases by $100, then savings will increase by

• A) $10.
• B) $25.
• C) $90.
• D) $115.

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Definitions:

Performance

A measure of how well an individual, group, system, or component accomplishes a set of tasks or objectives.

Behavioral Leadership Theories

Theories that focus on analyzing and understanding leadership based on the behaviors and actions of leaders rather than on their traits or characteristics.

Situational Factors

External influences that affect an individual's behavior or decisions in any given scenario, independent of their personal characteristics.

Directive Leadership

Spells out the what and how of subordinates’ tasks.