When disposable income is 2,000
A) savings is zero.
B) consumption is 2,000.
C) consumption equals disposable income.
D) All the choices are true.
Correct Answer:
Verified
Q129: Savings plus consumption equals disposable income
A)all of
Q130: As disposable income rises
A)induced consumption rises and
Q131: Saving is negative in each case except
A)when
Q132: Q133: The average propensity to consume Q135: When disposable income is 2,000,savings is Q136: Statement I.When disposable income is zero,autonomous consumption Q137: When disposable income is extremely low, Q138: In this graph,when disposable income is 3,000,consumption Q139: Between 1982 and 2008 consumption as a
A)is C divided
A)1,000
B)750
C)500
D)0
E)-1,000
A)autonomous consumption
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