DI (1) C $0 10 20 30 40 50 $4 11 DI 18 25 32 (2) с $0 SO $2 80 20 20 160 40 38 240 60 56 320 80 74 39 400 100 92 (Advanced analysis) Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. When plotted on a graph, the vertical intercept of the consumption schedule in economy (3) is and the slope is O $2; 0.18 Ominus $2; 0.9 O $100; 0.5 O $2; 0.9 DI $65 125 185 245 305 365 (3) с

DI (1) C $0 10 20 30 40 50 $4 11 DI 18 25 32 (2) с $0 SO $2 80 20 20 160 40 38 240 60 56 320 80 74 39 400 100 92 (Advanced analysis) Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. When plotted on a graph, the vertical intercept of the consumption schedule in economy (3) is and the slope is O $2; 0.18 Ominus $2; 0.9 O $100; 0.5 O $2; 0.9 DI $65 125 185 245 305 365 (3) с

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 1.4CE

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