(Advanced analysis) The equation for the above saving schedule is:
A)Yd = -20 + . 8S.
B. Yd = 20 + . 2S.
C. S = -20 + . 2Yd.
D. S = 20 + . 8Yd.
Answer:C
(Advanced analysis) The equation for the above saving schedule is:
A)Yd = -20 + . 8S. B. Yd = 20 + . 2S. C. S = -20 + . 2Yd. D. S = 20 + . 8Yd.