In a one-period economy, real consumption
A)is typically greater than disposable income.
B)can be greater than, less than, or equal to disposable income.
C)is exactly equal to disposable income.
D)can be less than savings.
E)is always less than disposable income.

Question

Quizplus · Accepted Answer

The Answer of In a one-period economy, real consumption
A)is typically greater than disposable income.
B)can be greater than, less than, or equal to disposable income.
C)is exactly equal to disposable income.
D)can be less than savings.
E)is always less than disposable income.

In a One-Period Economy, Real Consumption