If your planned consumption expenditure is $600 per month and your disposable income is $500 per month, your
A) dissaving is $100 per month.
B) saving is $100 per month.
C) autonomous consumption is -$100 per month.
D) autonomous consumption must be zero per month.
E) induced consumption is $600.
Correct Answer:
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Q1: Aggregate expenditure is equal to
A) C +
Q2: As a household's disposable income increases, its
Q4: Q5: If disposable income decreases during a recession, Q6: Q7: The slope of the consumption function is Q8: Jane supports herself at university by working Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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