Question: If the consumption function is given by C = 150 + 0.85(Y - T)and T increases by 1 unit, then savings: a. decreases by 0.85units.

If the consumption function is given by C = 150 + 0.85(Y - T)and T increases by 1 unit, then savings: a. decreases by 0.85units. b. decreases by 0.15 units. c. increases by 0.15 units. d.increases by 0.85 units.

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