Question

Given the aggregate consumption function equation(where C is aggregate consumption and Y is aggregate income)

26 Mar 2026
Answer :
Word Count : 206
The aggregate consumption function is given as (C = 0.9Y + 100). To analyze it numerically, we can compute consumption for different values of income (Y). Let us calculate step by step: 1. For (Y = 0): [ C = 0.9 \times 0 + 100 = 100 ] 2. For (Y _______ ___ ___ _______ ____ _________ __________ ____ __________ ______.
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