Which of the following statements is FALSE?
A) Saving = disposable income - consumption expenditure.
B) Consumption expenditure + saving = disposable income.
C) Disposable income - saving = consumption expenditure.
D) Consumption expenditure = saving - disposable income.

Question

Quizplus · Accepted Answer

Consumption expenditure cannot be equal to the difference between saving and disposable income as that would imply consumption expenditure is negative when disposable income is less than saving, which is not possible.

Which of the Following Statements Is FALSE