Which of the following equations is FALSE?
A) Consumption expenditure = saving - disposable income
B) Consumption expenditure + saving = disposable income
C) Saving = disposable income - consumption expenditure
D) Disposable income - saving = consumption expenditure
Correct Answer:
Verified
Q120: When disposable income increases from $7 billion
Q121: Induced consumption is equal to
A)saving when consumption
Q122: As real disposable income increases, consumption expenditure
Q123: If aggregate planned expenditure is less than
Q124: You are given the following information about
Q126: The graph of the aggregate expenditure curve
Q127: If the marginal propensity to consume is
Q128: The slope of the consumption function is
A)less
Q130: A decrease in autonomous consumption will
A)change the
Q154: One reason the aggregate expenditure curve slopes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents