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13. If the consumption function is C=20+0.8Y^D then an increase in disposable income (Y^D) by 100 will result in an increase in consumer expenditure (C)
13. If the consumption function is C=20+0.8Y^D then an increase in disposable income (Y^D) by 100 will result in an increase in consumer expenditure (C) byA. 500.B. 120.C. 100.D. 80.
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Essentials Of Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
1st Edition
78020549, 978-0078020544
