On a graph of the consumption function,where the consumption function is below the 45° line,there is
A) maximum disposable income.
B) no induced consumption.
C) saving.
D) zero disposable income.
E) dissaving.
Correct Answer:
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Q2: As a household's disposable income increases, its
Q7: The slope of the consumption function is
A)
Q10: A movement along the consumption function shows
Q11: As disposable income _ planned consumption expenditure
Q12: Which of the following variables is fixed
Q12: Consumption expenditure exceeds disposable income
A) only when
Q13: In the range of disposable income where
Q18: Disposable income equals aggregate income
A)minus net taxes.
B)plus
Q19: When consumption expenditure is _ disposable income,saving
Q20: Which of the following is NOT a
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