In contrast to the investment schedule, the consumption schedule is:
A)relatively stable.
B)relatively unstable.
C)downward sloping.
D)horizontal.

Question

Quizplus · Accepted Answer

Unlike investment, which can be influenced by a variety of factors such as interest rates, technological advancements, and business expectations, consumption tends to be relatively stable over time. People generally have consistent spending habits and preferences, and their income levels may not fluctuate greatly in the short term. Therefore, the consumption schedule is relatively stable.

In Contrast to the Investment Schedule, the Consumption Schedule Is