Planned saving equals
A) planned consumption expenditure plus disposable income.
B) planned consumption expenditure minus disposable income.
C) disposable income minus planned consumption expenditure.
D) zero when disposable income is less than planned consumption expenditure.
Correct Answer:
Verified
Q52: The positive slope of the consumption function
Q53: Aggregate planned expenditure
A)is always less than actual
Q54: If consumption expenditures for a household increase
Q55: Suppose the consumption function is given by
Q56: If firms set prices and then keep
Q58: When real GDP exceeds aggregate planned expenditure,
A)GDP
Q59: Which of the following is INCORRECT?
A)The multiplier
Q60: The part of aggregate planned expenditure that
Q61: The value of the marginal propensity to
Q62: The marginal propensity to save is
A)total saving
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