Question

16. If the Keynesian function is C= 10+ 0.8y then, if disposable income
is Rs 1000, what is the amount of total consumption?
a) Rs 0.8
b) Rs 800
c) Rs 810
d) Rs 0.81​

Answer 1

Answer:

C=810

Explanation:

C=10+0.8(1000)

C=10+800

C=810

Answer 2

810 is the right answer