Disposable income equals aggregate income
A) minus net taxes.
B) plus saving minus net taxes.
C) plus net taxes.
D) minus saving.
E) minus saving and minus net taxes.
Correct Answer:
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Q2: As a household's disposable income increases, its
Q6: Q7: The slope of the consumption function is Q12: Consumption expenditure exceeds disposable income Q13: In the range of disposable income where Q15: On a graph of the consumption function,where Q19: When consumption expenditure is _ disposable income,saving Q20: Which of the following is NOT a Q23: If disposable income increases from $5 trillion Q28: When disposable income is $8 trillion, consumption
A)
A) only when
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