Business, 22.08.2020 03:01, laurieburgess804

Given that total spending for a certain household will always include a base amount of $1000/month, and that additional spending is equal to half of any income earned, we can predict total household spending with a model y=b+mx, where:: a. x represents income earned.
b. y represents income earned.
c. b = 1/2.

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Given that total spending for a certain household will always include a base amount of $1000/month,...