(Advanced Analysis) Refer to the Given Consumption Schedules

question 221

Multiple Choice

(Advanced analysis) Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. When plotted on a graph,
The vertical intercept of the consumption schedule in economy (3) is _____ and the slope is _____.

• A) minus $2; 0.9
• B) $2; 0.18
• C) $100; 0.5
• D) $2; 0.9

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Definitions:

Data

Data consists of facts, statistics, or items of information often used as a basis for analysis, discussion, or calculation.

Elementary Description

A basic and fundamental explanation or representation of a subject.

Transactions

Operations or exchanges between parties, often involving the transfer of goods, services, money, or information.

Knowledge

Information, understanding, and skills gained through education or experience; the theoretical or practical understanding of a subject.