Question: Given a consumption function of C = $700 billion + 0.75Y; if an investor spends an extra $250,000.00 in the economy. What will be the

Given a consumption function of C = $700 billion + 0.75Y; if an investor spends an extra $250,000.00 in the economy. What will be the impact on national income? A. Increase by $1,000,000.00 B. Decrease by $1,000,000.00 C. Increase by $250,000.00 D. Decrease by $250,000.00

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