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(Advanced Analysis)Answer the Question on the Basis of the Following

Question 125

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following data:  Disposable Income (Yd)  Consumption (C)  $0$40100100200160300220400280\begin{array} { c c } \text { Disposable Income } \left( \mathrm { Y } _ { \mathrm { d } } \right) & \text { Consumption (C) } \\\$ 0 & \$ 40 \\100 & 100 \\200 & 160 \\300 & 220 \\400 & 280\end{array} Which of the following equations correctly represents the given data?


A) Yd = 40 + .6C.
B) C = 60 + .4Yd.
C) C = 40 + .6Yd.
D) C = .6Yd.

Correct Answer:

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