Which of the following statements is FALSE?
A) Disposable income - saving = consumption expenditure.
B) Consumption expenditure + saving = disposable income.
C) Saving = disposable income - consumption expenditure.
D) Consumption expenditure = saving - disposable income.
Correct Answer:
Verified
Q3: The Keynesian model of aggregate expenditure assumes
Q4: In the very short term, planned investment
Q5: In the very short term, in the
Q6: An increase in real GDP leads to
A)
Q7: In the Keynesian model of aggregate expenditure,
Q9: Consumers divide disposable income into
A) consumption and
Q10: The Keynesian model of aggregate expenditure describes
Q11: Real GDP
A) is always greater than aggregate
Q12: In the very short run, the components
Q13: According to the Keynesian theory, the typical
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