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Aggregate Consumption Equation Assignment | Homework For You

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December 10th, 2019

Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8 YD, where

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C represents consumption and YD represents disposable income.

Homework For You

Reference: Ref 25-9

(Scenario: Aggregate Consumption Equation) According to the scenario Aggregate Consumption

Equation, if disposable income is $500, aggregate consumption is:

A. $600

B. $0

C.$200

D.$400. Get Economics homework help today

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