Solved

As a Household's Disposable Income Increases, Its Autonomous Expenditures ________

Question 2

Multiple Choice

As a household's disposable income increases, its autonomous expenditures ________ and its induced expenditures ________.


A) decrease; do not change
B) do not change; increase by a smaller amount than the increase in income
C) do not change; increase by an amount equal to the increase in income
D) increase; do not change
E) increase; increase by a smaller amount than the increase in income

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents