Consumption expenditures equal disposable income
A) at every point on the saving function.
B) at every point on the 45- degree line.
C) when saving equals disposable income.
D) at every point on the consumption function.
Correct Answer:
Verified
Q12: If the price level rises, the purchasing
Q13: _ consumption is consumption that will occur
Q14: Dissaving
A)is equal to the amount of saving
Q15: If prices are fixed, an increase in
Q16: Disposable income is
A)income minus taxes plus transfer
Q18: Autonomous consumption
A)decreases with income.
B)is independent of income
Q19: Which of the following concerning the marginal
Q21: The schedule that lists aggregate planned expenditure
Q22: In the very short run, the components
Q177: The aggregate expenditure curve shows
A) how planned
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