Assume That the Consumption Function Is Given by C =

question 15

Multiple Choice

Assume that the consumption function is given by C = 200 + 0.7(Y - T) , the tax function is given by T = 100 + 0.2Y, and Y = 50K0.5L0.5, where K = 100. If L increases from 100 to 144, then consumption increases by:

• A)560.
• B)840.
• C)1,120.
• D)2,120.

---

Definitions:

Water Pollution

The contamination of water bodies (e.g., lakes, rivers, oceans, aquifers) by harmful substances or heat, negatively affecting aquatic ecosystems and human health.

Agricultural Chemicals

Substances such as fertilizers, herbicides, and pesticides used in farming to enhance plant growth and protect crops from pests and diseases.

Sediment

Particulate matter that settles at the bottom of a liquid or is transported by water, wind, or ice.

Waterlogging

The saturation of soil with water, usually due to excessive rain or irrigation, which can lead to reduced oxygen availability for plants.