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2. For the consumption function C = 20 +Y, (6 points) a. Find the breakeven income level. b. Find the consumption expenditure at income levels

2. For the consumption function C = 20 +Y, (6 points) a. Find the breakeven income level. b. Find the consumption expenditure at income levels of 40 and 80. (In this exercise, assume C and Y are measured in thousands of dollars). C. Show the answers to a. and b. graphically and identify the ranges of income corresponding to dissaving and saving

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