Question #286428

If the consumption function of a given individual is given C= 44+0.86Yd and the individual’s disposable income for a specific period was birr 3600, 


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Expert's answer
2022-01-11T14:36:04-0500

If the consumption function of a given individual is given C= 44+0.86Yd and the individual’s disposable income for a specific period was birr 3600, then his consumption is:

C=44+0.86×3600=3140.C= 44+0.86×3600 = 3140.


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