If disposable income and consumption in an economy are equal,
A) consumers must be incurring debt.
B) consumption must also be equal to saving.
C) household saving must be zero.
D) None are true.
Correct Answer:
Verified
Q78: Q79: When there is dissaving,the APC is Q80: Q81: Which statement is false? Q82: Which statement is true? Q84: When the C line is above the Q85: Property taxes _ tax deductible and home Q86: Over the last 20 years,our APC has Q87: As disposable income rises,autonomous C _ as Q88: In the year 2009,the GDP was about
A)greater than
A)Our savings rate may
A)We had a higher
A)never
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