Which statement is not true?
A) Induced consumption is never negative.
B) Autonomous consumption is constant.
C) When C is positive,saving is negative.
D) When consumption is smaller than disposable income,saving is positive.
E) Each statement is true.
Correct Answer:
Verified
Q119: According to the permanent income hypothesis,households will
Q120: If we consume 85 percent of our
Q121: In this graph,the MPC is
A).25.
B).5.
C).75.
D)1.00.
Q122: In this graph,consumption is at a level
Q123: Q125: When disposable income is 3,000,savings is Q126: When disposable income is 1,000,savings is Q127: Statement I.Our suburban lifestyle dictates that most Q128: As disposable income rises,the APC Q129: Savings plus consumption equals disposable income
A)1,000
B)750
C)500
D)0
E)-1,000
A)1,000
B)750
C)500
D)0
E)-500
A)rises.
B)falls.
C)remains the same.
A)all of
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