When disposable income equals consumption expenditures, then
A) saving is zero.
B) saving equals 10 percent of income.
C) both saving and savings are zero.
D) we can't tell what saving is without more information.
Correct Answer:
Verified
Q123: Which of the following would be expected
Q124: At a level of real disposable income
Q125: The consumption function shifts upward when
A)real income
Q127: Which of the following is correct?
A)1 +
Q129: Dissaving is
A)impossible in the simple Keynesian model.
B)the
Q130: The consumption function will shift with
A)an increase
Q132: In the Keynesian model, consumption
A)is positively related
Q133: According to Keynes, the primary determinant of
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