The saving function shows a ________ relationship between ________.
A) positive; disposable income and saving
B) positive; disposable income and dissaving
C) negative; disposable income and consumption expenditure
D) negative; real GDP and saving
Correct Answer:
Verified
Q56: Q57: The vertical distance between the 45-degree line Q58: When disposable income equals $800 billion, planned Q59: Dissaving Q60: Where the consumption function crosses the 45° Q62: What is the marginal propensity to consume? Q63: Saving rather than dissaving occurs at any Q64: An increase in disposable income shifts Q65: The marginal propensity to consume is equal Q66: At a level of disposable income of
A) is equal to consumption expenditure when
A)
A) both
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