Multiple Choice
-In the above figure, the line AB is called
A) the saving function.
B) the consumption function.
C) the 45-degree line.
D) the expenditure function.
Correct Answer:
Verified
Related Questions
Q44: "Dissaving" occurs when
A) income exceeds consumption expenditure.
B)
Q45: _ consumption expenditure is greater than disposable
Q46: Planned saving equals
A) disposable income minus planned
Q47: Induced consumption is equal to
A) saving when
Q48: Consumption expenditures equal disposable income
A) at every
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