-In the above figure, when disposable income is $12 trillion , induced consumption equals

Name: -In the above figure, when disposable income is $12 trillion , induced consumption equals
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Induced consumption is the portion of consumption that changes with income. If disposable income is $12 trillion and induced consumption is $8 trillion, it suggests that the marginal propensity to consume is high, leading to a significant portion of income being spent.

-In the Above Figure, When Disposable Income Is $12 Trillion