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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
Germany
A country in Central Europe known for its rich history, cultural heritage, and significant contributions to art, science, and philosophy.
Phrenology
A now-discredited theory and practice that claimed to determine personality, mental traits, and character by the shape of the skull.
Pseudoscience
A collection of beliefs or practices mistakenly regarded as being based on scientific method, often lacking empirical support.
Formal Discipline
A structured approach to teaching or enforcing rules and expectations, often used in educational or military settings.
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