As disposable income rises
A) induced consumption rises and autonomous consumption stays the same.
B) autonomous consumption rises and induced consumption stays the same.
C) both induced and autonomous consumption rise.
D) both induced and autonomous consumption stay the same.
Correct Answer:
Verified
Q125: When disposable income is 3,000,savings is
A)1,000
B)750
C)500
D)0
E)-1,000
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
Q131: Saving is negative in each case except
A)when
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