
-In the above figure,
A) consumption expenditures are positively related to labour income.
B) consumption expenditures are a linear function of labour income.
C) the slope of the function depicted is 0.9.
D) All of the above answers are correct.
Correct Answer:
Verified
Q81: Q82: In a world characterised by scarcity Q83: A benefit from an increase in activity Q84: Which of the following is NOT an Q85: Q87: As the number of days without rain Q88: When y changes, x stays the same. Q89: Select the BEST statement about economic models. 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![]()
A)opportunity cost![]()
A)An