Suppose the Aggregate Consumption Function Is Given by C =

question 46

Multiple Choice

Suppose the aggregate consumption function is given by C = 1 000 + 0.75YD,where C is consumption and YD is disposable income.If aggregate disposable income equals $1 000,then aggregate consumption equals:

• A) $1 000.
• B) $1 750.
• C) $2 000.
• D) $1 075.

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Definitions:

Noncontrolling Interest

An ownership interest in a corporation where the share does not grant the holder the majority of voting power, often reflected as a minority stake in subsidiary companies on consolidated financial statements.

No Excess Amortizations

A financial statement condition where there is no surplus amortization from the pay-down or write-off of intangible assets.