Between 2008 and 2009 the government estimates that disposable income in the United States decreased.Consequently,as a result of this change consumption expenditure
A) remained constant.
B) decreased.
C) increased.
D) More information is needed about how taxes changed between 2008 and 2009.
Correct Answer:
Verified
Q24: A movement along the consumption function to
Q25: The graph of the consumption function has
Q26: _ consumption is consumption that will occur
Q27: Autonomous consumption is that portion of consumption
Q28: An increase in expected future income
A) decreases
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