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NYC NYC
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8 years ago
The aggregate consumption function is C = 1,200 + .4Yd. If income is $3,000 and net taxes are $400, consumption equals:
A) 2,560.
B) 2,760.
C) 2,240.
D) 1,760.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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