Question: D Question 3 1 pts Suppose the consumption function is C - 127 +0.79 Yo. If disposable income is $400, consumption is (ex: If your



D Question 3 1 pts Suppose the consumption function is C - 127 +0.79 Yo. If disposable income is $400, consumption is (ex: If your answer is $575.75. then enter: 576) Question 4 Use figure 5 to answer questions 4-5 Figure 5 120 100 Consumption (billions of doans per year) 8 8 8 8 8 8 8 40 10 20 30 40 50 60 70 Disposable Income (billions of dollars per vex) The MPC in the economy depicted in figure 5 is: O Variable depending on the level of disposable income O 0.67 O 0.9 O 1.33 1 Question 18 According to figure 7. point Dis: a valley point O a trough turning point O a peak turning point O a spike Question 19 1 pts There are four stages to the business cycle. According to figure 7. which stage is associated with point C? O stage 1 Ostage 3 stage 4 recession stage
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