Question: The equation C = 1 0 0 + 0 , 9 Y , where C is consumption and Y is disposable income, tells us that

The equation C=100+0,9Y, where C is consumption and Y is disposable income, tells us that ...
Select one:
a. households will consume R100, if their disposable income is zero and will consume 0,9 of any increase in disposable income they receive.
b. households earn R100 and spend three quarters of their income.
c. households will consume 0,10 of whatever level of disposable income they receive.
d. households will save R75, if their disposable income is zero and will consume 0,9 of any increase in disposable income they receive.
The equation C = 1 0 0 + 0 , 9 Y , where C is

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