Based on the information presented below, what is the equation representing the consumption for this economy? GDP (Y) Saving (S) 100 -20 20 200 Select one: a. C= 60+ 0.6Y b. C = 60+ 0.4Y c. C 40 +0.75Y d. C= -60+ 0.8Y e. None of the above cross out cross out cross out cross out cross out

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter9: Aggregate Expenditures
Section: Chapter Questions
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Based on the information presented below,
what is the equation representing the
consumption for this economy?
GDP (Y) Saving (S)
100
-20
200
20
Select one:
a. C= 60+ 0.6Y
b. C= 60+ 0.4Y
c. C= 40 +0.75Y
d. C = -60+ 0.8Y
e. None of the
above
cross out✔
cross out
cross out
cross out
cross out
Transcribed Image Text:Based on the information presented below, what is the equation representing the consumption for this economy? GDP (Y) Saving (S) 100 -20 200 20 Select one: a. C= 60+ 0.6Y b. C= 60+ 0.4Y c. C= 40 +0.75Y d. C = -60+ 0.8Y e. None of the above cross out✔ cross out cross out cross out cross out
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