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Given the consumption function C = $5,000 + 0.90 Y D , Enter your responses as a whole number. a.How much does consumption increase if
Given the consumption function C = $5,000 + 0.90YD,
Enter your responses as a whole number.
a.How much does consumption increase ifYDincreases by $1,000?
$
b.How much is current consumption if the disposable income is $75,000?
$
c.How much does current consumption change if autonomous consumption increases by $2000?
$
d.How much is savings ifYDis $60,000?
$
e. How much is savings if a = $6000, b=.80, and YD = 80,000?
$
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