Which of the following occurs when disposable income is zero?
A) consumption must be zero
B) saving must be zero
C) saving must be positive
D) consumption is negative
E) none of the above
Correct Answer:
Verified
Q1: Which of the following will not increase
Q2: Which of the following would tend to
Q3: Which of the following is included in
Q4: Which of the following would not be
Q5: Which of the following is an endogenous
Q7: Suppose the consumption equation is represented by
Q8: For the U.S.economy,which of the following represents
Q9: The marginal propensity to consume represents
A)the level
Q10: Disposable income equals
A)income minus saving.
B)income minus both
Q11: Let the consumption function be represented by
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