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
Q122: In this graph,consumption is at a level
Q123: Q130: As disposable income rises Q131: Saving is negative in each case except Q132: Q133: The average propensity to consume Q134: When disposable income is 2,000 Q135: When disposable income is 2,000,savings is Q139: Between 1982 and 2008 consumption as a Q140: Statement I.As disposable income rises,saving rises at
A)induced consumption rises and
A)when
A)is C divided
A)savings is zero.
B)consumption
A)1,000
B)750
C)500
D)0
E)-1,000
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