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The consumption function captures one of the key relationships in economics. It expresses consumption as...

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Accounting

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The consumption function captures one of the key relationships in economics. It expresses consumption as a function of disposal income, where disposable income is income after taxes. The attached file "RegressionDatasetl" shows data of average US annual consumption (in $) and disposable income (in $) for the years 2000 to 2016. What is the predicted consumption if the disposable income is $31,192 ? (Use Two decimals) a. 287695 b. 24031$ c. 23656$ d. 13544$

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