As disposable income decreases, consumption
A) and saving both increase.
B) and saving both decrease.
C) increases and saving decreases.
D) decreases and saving increases.

Name: As disposable income decreases, consumption A) and saving both increase. B) and saving both decrease. C) increases and saving decreases. D) decreases and saving increases.
Brand: Quizplus
Rating: 5.0 (39 reviews)

Question

Quizplus · Accepted Answer

When disposable income decreases, individuals have less money to spend and save, leading to a decrease in both consumption and saving.

As Disposable Income Decreases, Consumption