Refer to the information provided in Figure 23.4 below to answer the question(s) that follow. Figure 23.4Refer to Figure 23.4. Suppose the consumption function for C1 = 10 + 0.8Y, the consumption function that best fits C2 is

A. C2 = 20 + 0.8Y.
B. C2 = 10 + 0.4Y.
C. C2 = 20 + 0.1Y.
D. C2 = 40 + 0.5Y.


Answer: A

Economics

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