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Business, 16.04.2020 19:42 Lollipop1287
Assume aggregate consumer spending equals $5,000 when aggregate disposable income is zero, and when disposable income increases from $300 to $400, consumer spending increases by $70. What is the equation for the aggregate consumption function?
а) С-5.000 + 70YD
b) 500 + 0.7 YD
c) C-. 5,000 + 0.7YD
d) C = 5,000 + 7YD 20
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Answers: 2
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Assume aggregate consumer spending equals $5,000 when aggregate disposable income is zero, and when...
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