Scenario: Aggregate Consumption Equation Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8 YD, where C represents consumption and YD represents disposable income. Reference: Ref 25-9 (Scenario: Aggregate Consumption Equation) According to the scenario Aggregate Consumption Equation, if disposable income is $500, aggregate consumption is:
A. $0.
B. $200.
C. $400.
D. $600.
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