Given the Consumption Function C = $500 Billion + 0

question 75

Multiple Choice

Given the consumption function C = $500 billion + 0.80Y, an increase in disposable income from $6,000 billion to $7,000 billion will cause consumption to increase by:

• A) $800 billion.
• B) $1,000 billion.
• C) $1,300 billion.
• D) $1,500 billion.

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Definitions:

Subcutaneously

Refers to administering medication or fluids into the layer of tissue beneath the skin.

Sliding Scale Insulin Order

A method of adjusting insulin doses based on blood sugar levels, typically given according to predetermined scales.

Glycosolated Hemoglobin

A measure of the average blood sugar levels over the past 3 months, used to monitor the long-term control of diabetes mellitus.

Fasting Blood Glucose

The level of sugar in the blood after abstaining from eating or drinking calories for at least 8 hours.