A movement along the saving function occurs when
A) wealth increases.
B) the real interest rate rises.
C) disposable income decreases.
D) None of the above answers is correct.
Correct Answer:
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Q64: When disposable income is 0, consumption is
Q65: At the level of disposable income where
Q66: Suppose that saving equals $0 when disposable
Q67: An increase in disposable income
A) shifts the
Q68: The saving function shows a _ relationship
Q70: At a level of disposable income of
Q71: The vertical distance between the 45- degree
Q72: Dissaving occurs when a household
A) spends less
Q73: When the consumption function lies above the
Q74: What is the marginal propensity to consume?
A)
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