(Advanced analysis) Refer to the above diagram. The equation for the consumption schedule is:
A)C = . 6Y .
B. Y = 60 + . C.
C. C = 60 + . 6Y .
D. C = 60 + . 4Y .
Answer:C
(Advanced analysis) Refer to the above diagram. The equation for the consumption schedule is:
A)C = . 6Y . B. Y = 60 + . C. C. C = 60 + . 6Y . D. C = 60 + . 4Y .