In a diagram with the consumption function, the 45-degree line indicates all points where
A) consumption expenditures and saving are equal.
B) saving and investment are equal.
C) consumption expenditures and disposable income are equal.
D) saving and disposable income are equal.
Correct Answer:
Verified
Q38: The consumption function shows how much
A) all
Q39: The slope of the consumption function is
A)
Q40: The slope of the consumption function is
A)
Q41: In a diagram with the consumption function,
Q42: With consumption expenditure on the vertical axis
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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