Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 1 - Appendix - Appendix Problems - Page 27: 6a

Answer

C and Y are positively related

Work Step by Step

To answer if C and Y are positively related or negatively related, I first looked at the equation C=a+bY. I noticed that Y is multiplied by a constant b and since b is positive, that means that as Y increases C also increases. Therefore, C and Y are positively related.
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