Question: Use the consumption function shown to answer the following questions. Question list At what level of income is consumption equal to disposable income? $ billion.

 Use the consumption function shown to answer the following questions. Question

Use the consumption function shown to answer the following questions. Question list At what level of income is consumption equal to disposable income? $ billion. 110- 100- C =Yd Q Which of the following statements is true? O Question 5 O A. At an income level of $0 billion there is dissaving equal to $10 billion. O B. Saving equals consumption at an income level of $20 billion O C. Consumption is $40 billion when the income level is $100 billion. Question 6 7C Planned Real Consumption O D. At an income of $100 billion there is dissaving of $40 billion. Question 7 10 Question 8 0 10 20 30 40 50 60 70 80 90 100 110 Real Disposable Income ($ billions) K The greater the value of the marginal propensity to consume Question list O A. the greater the value of the multiplier. Question 7 O B. the greater the value of the marginal propensity to save. O C. the greater the value of autonomous consumption. O Question 8 O D. the smaller the value of the multiplier. The greater the value of the marginal propensity to save Question 9 O A. the greater the value of the marginal propensity to consume. O B. the smaller the value of the multiplier. O C. the greater the value of the multiplier. O Question 10 O D. the greater the value of autonomous consumption

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