Question: The simplified expression for the consumption function is: A . Cequals = 1 . 1 5 1 . 1 5 plus + 0 . 7

The simplified expression for the consumption function is:
A.
Cequals=1.151.15plus+0.70.7Y.
B.
Cequals=1.151.15plus+(1minus0.70.7)Y.
C.
Cequals=3.253.25plus+(1minus0.70.7)Y.
D.
Cequals=3.253.25plus+0.70.7Y.

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