If your planned consumption expenditure is $600 per month and your disposable income is $500 per month, your
A) autonomous consumption must be zero per month.
B) dissaving is $100 per month.
C) autonomous consumption is -$100 per month.
D) saving is $100 per month.
E) induced consumption is $600.
Correct Answer:
Verified
Q18: The consumption function shows the relationship between
A)
Q19: Induced expenditure includes
A) consumption expenditure, government expenditure
Q20: Which components of aggregate expenditure change as
Q21: On a graph of the consumption function,
Q22: On a graph of the consumption function,
Q24: A movement along the consumption function shows
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents