Induced consumption is equal to
A) saving when consumption equals disposable income.
B) consumption when disposable income is zero.
C) consumption caused by an increase in disposable income.
D) dissaving when disposable income is greater than zero.
Correct Answer:
Verified
Q42: With consumption expenditure on the vertical axis
Q43: In a diagram with the consumption function,
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
Q48: Consumption expenditures equal disposable income
A) at every
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