The following equation represents a relationship between household consumption expenditure, c and income, y: C = 120+0.65y explain what the figure 120 stands for in the consumption income relationship, and the type of
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Home » Advanced Placement (AP) » The following equation represents a relationship between household consumption expenditure, c and income, y: C = 120+0.65y explain what the figure 120 stands for in the consumption income relationship, and the type of relationship