As disposable income increases, consumption
A) and saving both increase.
B) and saving both decrease.
C) decreases and saving increases.
D) increases and saving decreases.

Name: As disposable income increases, consumption A) and saving both increase. B) and saving both decrease. C) decreases and saving increases. D) increases and saving decreases.
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Question

Quizplus · Accepted Answer

When disposable income increases, individuals have more money to spend and save, leading to an increase in both consumption and saving.

As Disposable Income Increases, Consumption