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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 23
Circle the letter that corresponds to the best answer. The minimum amount that people will spend even if disposable income is zero is called ______ consumption.
A) autonomous
B) induced
C) total
A) autonomous
B) induced
C) total
Explanation
Verified
Verified
When income increases, consumption also ...
Macroeconomics 11th Edition by Stephen Slavin
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