Induced consumption is equal to
A) consumption caused by an increase in disposable income.
B) consumption when disposable income is zero.
C) dissaving when disposable income is greater than zero.
D) saving when consumption equals disposable income.
Correct Answer:
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Q51: Dissaving
A) occurs when consumption is greater than
Q52: Autonomous consumption is
A) consumption expenditure that does
Q53: As real disposable income increases, consumption expenditure
Q54: Q55: Q57: consumption is consumption that will occur _ Q58: Autonomous consumption Q59: With consumption expenditure on the vertical axis 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) increases with income.
B) is independent
