Saving equals
A) disposable income minus taxes.
B) disposable income minus consumption expenditure.
C) disposable income plus consumption expenditure.
D) consumption expenditure minus disposable income.
Correct Answer:
Verified
Q12: In the very short run, the components
Q13: According to the Keynesian theory, the typical
Q14: The components of aggregate expenditure include
I. imports.
II.
Q15: In the Keynesian model of aggregate expenditure,
Q16: The consumption function relates the consumption expenditure
Q18: A consumption function shows a
A) negative (inverse)
Q19: Disposable income is equal to
A) consumption expenditure
Q20: If firms set prices and then keep
Q21: A movement along the consumption function is
Q22: As disposable income increases, consumption expenditures
A) increase
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