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In a One-Period Economy,real Consumption

Question 31

Multiple Choice
In a one-period economy,real consumption
A) is always less than disposable income.
B) is typically greater than disposable income.
C) is exactly equal to disposable income.
D) can be greater than, less than, or equal to disposable income.
E) can be less than savings.

In a one-period economy,real consumption


A) is always less than disposable income.
B) is typically greater than disposable income.
C) is exactly equal to disposable income.
D) can be greater than, less than, or equal to disposable income.
E) can be less than savings.

Correct Answer:

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