The figure given below shows the consumption function of a household.
Figure 9.2

-In Figure 9.2, consumption equals disposable income:
A) at point A only.
B) at point B only.
C) at point C only.
D) at points A and C only.
E) at all points on the consumption function.

Question

The figure given below shows the consumption function of a household.
Figure 9.2
 
-In Figure 9.2, consumption equals disposable income:
A) at point A only. 
B) at point B only. 
C) at point C only. 
D) at points A and C only. 
E) at all points on the consumption function.

Quizplus · Accepted Answer

The Answer of The figure given below shows the consumption function of a household.
Figure 9.2
 
-In Figure 9.2, consumption equals disposable income:
A) at point A only. 
B) at point B only. 
C) at point C only. 
D) at points A and C only. 
E) at all points on the consumption function.

The Figure Given Below Shows the Consumption Function of a Household