Induced consumption is equal to total consumption minus ______________.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q209: As the level of disposable income rises
Q210: When there is dissaving,APC is _.
Q211: Autonomous consumption equals total consumption when _.
Q212: In 2005 the United States had a
Q213: The term "conspicuous consumption" was coined by
Q215: According to the consumption function,when income rises,_.
Q216: The most important determinant of the level
Q217: If MPC equals .82,MPS would equal _.
Q218: Milton Friedman is closely associated with the
Q219: As the level of disposable income rises,the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents