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justinw2200 justinw2200
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Posts: 471
Rep: 14 0
4 years ago
If the consumption function is C = 25 + 0.9y and income increases by $100, then consumer spending will increase by

▸ $10.

▸ $25.

▸ $90.

▸ $115.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Steve T.Steve T.
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4 years ago
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Related Topics

wrote...
#2
4 years ago
If the consumption function is C = 25 + 0.9y and income increases by $100, then savings will increase by

▸ $10.

▸ $25.

▸ $90.

▸ $115.
wrote...
#3
4 years ago
$10.
wrote...
#4
4 years ago
If the consumption function is C = 25 + 0.9y and income increases by $100, then autonomous consumption spending will be

▸ $10.

▸ $25.

▸ $90.

▸ $115.
wrote...
#5
4 years ago
$25.
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