CUET Economics - If, in an economy, the minimum level of consumption is 45 and 80% of an increase in income(Y) is consumed, what will be the consumption function of this economy? | PYQs + Solutions

CUET Economics 2025 15 May Shift 1

Macro

Medium

45 + 80Y

-45 + 20Y

-45 + 0.80Y

45 + 0.80Y

✅ Correct Option: 4

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CUET Economics 2025 15 May Shift 1 PYQs