If disposable income were to fall from 6,000 to 5,000,
A) induced consumption would fall.
B) induced consumption would stay the same.
C) induced consumption would rise.
D) there is not enough information to determine whether induced consumption would rise,fall or remain the same.
Correct Answer:
Verified
Q21: For a family with disposal income less
Q22: Which statement is true?
A)Autonomous C can never
Q23: Q24: Q25: As disposable income grows, Q27: The consumption function Q28: Which has grown the fastest since 1955? Q29: A major critic of our very high Q30: If disposable income were to rise from Q31: When disposable income is zero,the level of
A)both autonomous C and
A)is a relationship between annual
A)Durable
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