
-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:
Verified
Q45: In a diagram with the consumption function,
Q46: When disposable income equals $800 billion, planned
Q47: Q48: Autonomous consumption is equal to Q49: In a diagram with the consumption function, Q51: Dissaving Q52: Autonomous consumption is Q53: As real disposable income increases, consumption expenditure Q54: Q55: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A) consumption when
A) occurs when consumption is greater than
A) consumption expenditure that does![]()
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