The Aggregate Consumption Function Is C = 800 + 0

question 221

Multiple Choice

The aggregate consumption function is C = 800 + 0.8Yd. If income is $2,000 and net taxes are $500, consumption equals

• A) 1,500.
• B) 2,000.
• C) 2,050.
• D) 2,150.

---

Definitions:

Physical Dependence

A physiological state in which the body adapts to the presence of a substance, leading to withdrawal symptoms when the substance is reduced or ceased.

MDMA

A compound related to both amphetamines and hallucinogens, especially mescaline; it produces a high that typically lasts a few hours or more.

LSD

Lysergic Acid Diethylamide, a powerful psychoactive drug known for its psychological effects, which can include altered thoughts and sensory perceptions.

THC

Tetrahydrocannabinol, the principal psychoactive constituent of cannabis, responsible for its mind-altering effects.