When disposable income equals $800 billion, planned consumption expenditure equals $600 billion, and when disposable income equals $1,000 billion, planned consumption expenditure equals $640 billion. What is planned saving when disposable income is $800 billion?
A) $360 billion
B) $200 billion
C) $560 billion
D) $1,400 billion
Correct Answer:
Verified
Q41: Planned saving equals
A) zero when disposable income
Q42: In a diagram with the consumption function,
Q43: Consumption expenditures equal disposable income
A) when saving
Q44: "Dissaving" occurs when
A) saving is positive.
B) the
Q45: In a diagram with the consumption function,
Q47: Q48: Autonomous consumption is equal to Q49: In a diagram with the consumption function,![]()
A) consumption when
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