________ consumption expenditure is greater than disposable income.
A) It is always the case that
B) Saving is positive whenever
C) Dissaving occurs whenever
D) None of the above answers is correct because it is impossible for consumption expenditure to be greater than disposable income.
Correct Answer:
Verified
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
Q43: In a diagram with the consumption function,
Q44: "Dissaving" occurs when
A) income exceeds consumption expenditure.
B)
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
Q49: Q50: ![]()
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