A situation in which spending exceeds income is
A)the consumption function.
B)the saving function.
C)average propensity to save.
D)dissaving.

Name: A situation in which spending exceeds income is A)the consumption function. B)the saving function. C)average propensity to save. D)dissaving.
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Question

Quizplus · Accepted Answer

Expenditure that surpasses income is referred to as dissaving. This implies that an individual is spending more than they are earning, and as a result, they will have a negative savings rate.

A Situation in Which Spending Exceeds Income Is