Saving is negative in each case except
A) when the C line is below the 45-degree line.
B) when there is dissaving.
C) at very low levels of disposable income.
D) when the APC is greater than one.
Correct Answer:
Verified
Q126: When disposable income is 1,000,savings is
A)1,000
B)750
C)500
D)0
E)-500
Q127: Statement I.Our suburban lifestyle dictates that most
Q128: As disposable income rises,the APC
A)rises.
B)falls.
C)remains the same.
Q129: Savings plus consumption equals disposable income
A)all of
Q130: As disposable income rises
A)induced consumption rises and
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