If the Consumption Function Is C = 20 + 0

question 65

Multiple Choice

If the consumption function is C = 20 + 0.5YD,then an increase in disposable income by $100 will result in an increase in consumer expenditure by

• A)$25.
• B)$70.
• C)$50.
• D)$100.

---

Definitions:

Customer Relationships

The ways in which a business interacts and communicates with its customers to manage and enhance the customer experience, aiming to build loyalty and satisfaction.

Wayfindr

A guidance system designed to help visually impaired people navigate indoor environments using audio instructions.

Vision-Impaired

A term used to describe individuals who have limited sight, which cannot be completely corrected with glasses or contact lenses.

Public Transportation

Systems of buses, trains, and other forms of transit that are available to the general public.