Multiple Choice
Consumption expenditures equal disposable income
A) at every point on the consumption function.
B) at every point on the saving function.
C) at every point on the 45-degree line.
D) when saving equals disposable income.
Correct Answer:
Verified
Related Questions
Q43: In a diagram with the consumption function,
Q44: "Dissaving" occurs when
A) income exceeds consumption expenditure.
B)
Q45: _ consumption expenditure is greater than disposable
Q46: Planned saving equals
A) disposable income minus planned
Q47: Induced consumption is equal to
A) saving when
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