Refer to the information provided in Table 22.2 below to answer the question(s) that follow. Table 22.2 PointAggregate Income (Y)Aggregate Consumption (C)  A  10  14   B  20  23  C  30  25  D  40  26  E  50  34   F  60  39The data in the table was used to estimate the following consumption function: C = 12 + 0.4YRefer to Table 22.2. Which of the following points is (are) the best fit for the given consumption function?

A. A and D
B. B and F
C. C
D. E


Answer: C

Economics

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Economics