4.2 Which of the following consumption functions best fits the values in the table below? 1. C...

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4.2 Which of the following consumption functions best fits the values in the table below? 1. C = 10 + 0.2Y 2. C = 6 + 0.8Y 3. C = 4 + 0.7Y 4. C = 10 + 0.5Y Aggregate Income (Y) Aggregate Consumption (C) 6 13 12 16 24 20 48 34

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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