Consider the above figure. The equation for the consumption function is
A) C = 40 + 50Yd. B) C = 40 + 0.33Yd. C) C = 40 + 60Yd. D) C = 40 + 0.1Yd.
Question 2
To the extent that the value of money is less predictable, it becomes
A) more acceptable as a store of value.
B) less acceptable as a medium of exchange.
C) more acceptable as a standard of deferred payment.
D) more acceptable as a unit of account.