Economics
posted by Lynne
16.
Helen’s consumption function may be stated as $1,000 + 0.75 × YD. If her income is $50,000, her consumption will be:
A)
37,500.
B)
$51,000.
C)
$1,000.
D)
$38,500.
E) none of the above.
My answer is A, i just want to double check if my answer is correct.

nicholas
1000 + 0.75*50,000 = ...
Your answer is wrong!
Use a calculator or a spreadsheet if you can't do it by hand!!!
Respond to this Question
Similar Questions

accounting
Assets Cash (Net Effect) $35,000 20,000 +15,000 A/R 33,000 14,000 +19,000 Merchandise Inventory 27,000 20,000 +7,000 PPE 60,000 78,000 18,000 Accumulated Depreciation (29,000) (24,000) ? 
ecomonics
I am trying to understand the math part of supply and demand . I am not getting it,I really need help! The question is: The demand and supply functions for sweatshirts are as follows: DEMAND Supply Quanity Quanity demanded(per period) … 
accounting
Did I do any of this right and how do I figure Retain earnings (where does net income and dividends come from? 
accounting
Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs are $300,000, and net income is $200,000. What should be reported as variable expenses in the CVP income statement? 
microecon
Y= consumption X= Disposable income Y X 5,000 10,000 A 8,000 20,000 B Refer to info above. The slope of the line between points A and B is: A) .3 B) 2.3 C) 3.3 D) indeterminate from this information. How do you figure this out. What … 
economics
Y= consumption X= Disposable income Y X 5,000 10,000 A 8,000 20,000 B Refer to info above. The slope of the line between points A and B is: A) .3 B) 2.3 C) 3.3 D) indeterminate from this information. How do you figure this out. What … 
BUSN
4. For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last … 
math
The data set represents the income levels of the members of a country club. Estimate the probability that a randomly selected member earns at least $98,000. 112,000 126,000 90,000 133,000 94,000 112,000 98,000 82,000 147,000 182,000 … 
statistics
The data set represents the income levels of the members of a country club. Estimate the probability that a randomly selected member earns at least $98,000. 112,000 126,000 90,000 133,000 94,000 112,000 98,000 82,000 147,000 182,000 … 
Economics
15. Helen’s consumption function may be stated as $1,000 + 0.75 × YD . Her autonomous consumption is: A) 0.75. B) 0.25. C) $750 D) $1000. My answer is letter D, i just want someone to check if it's correct.