Refer to the consumption schedule above. As income falls from level 3 to level 2, the amount of:
A) Consumption increases and the amount of dissaving increases
B) Consumption decreases and the amount of dissaving decreases
C) Consumption decreases and the amount of saving decreases
D) Consumption decreases and the amount of saving increases

Question

Refer to the consumption schedule above. As income falls from level 3 to level 2, the amount of:
A) Consumption increases and the amount of dissaving increases 
B) Consumption decreases and the amount of dissaving decreases 
C) Consumption decreases and the amount of saving decreases 
D) Consumption decreases and the amount of saving increases

Quizplus · Accepted Answer

The Answer of  Refer to the consumption schedule above. As income falls from level 3 to level 2, the amount of:
A) Consumption increases and the amount of dissaving increases 
B) Consumption decreases and the amount of dissaving decreases 
C) Consumption decreases and the amount of saving decreases 
D) Consumption decreases and the amount of saving increases

Refer to the Consumption Schedule Above