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1.The aggregate consumption function is C = 800 + .8Yd. If income is $2,000 and net taxes are $500, then consumption equals A)2000B) 1500C) 2150D)

1.The aggregate consumption function is C = 800 + .8Yd. If income is $2,000 and net taxes are $500, then consumption equals

A)2000B) 1500C) 2150D) 2050

Which is the correct answer

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