
-In the above figure, at a disposable income level of $200 billion, saving equals
A) consumption expenditures.
B) $40 billion.
C) zero.
D) disposable income.
Correct Answer:
Verified
Q55: Q56: Induced consumption is equal to Q57: consumption is consumption that will occur _ Q58: Autonomous consumption Q59: With consumption expenditure on the vertical axis Q61: consumption expenditure is greater than disposable income. Q62: At a level of disposable income of Q63: If the consumption function is below the Q64: When disposable income is 0, consumption is Q65: At the level of disposable income where![]()
A) consumption caused
A) increases with income.
B) is independent
A)
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