Solved

-In the Above Figure, Consumption and Disposable Income Are Equal

Question 50

Multiple Choice

  -In the above figure, consumption and disposable income are equal at A)  a disposable income level of $200 billion. B)  a disposable income level of $0. C)  a saving level of $100 billion and disposable income level of $400 billion. D)  any point along the consumption function.
-In the above figure, consumption and disposable income are equal at


A) a disposable income level of $200 billion.
B) a disposable income level of $0.
C) a saving level of $100 billion and disposable income level of $400 billion.
D) any point along the consumption function.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents