Dissaving occurs when
A) income exceeds consumption.
B) planned savings is negative.
C) the consumption function is below the 45-degree line drawn from the origin.
D) planned savings is positive.
Correct Answer:
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Q9: The relationship between households' planned consumption expenditures
Q10: Keynesian theory is based on the belief
Q11: Figure 9-1 Q12: According to Keynes,an individual's level of saving Q15: At a level of real disposable income Q17: According to Keynes,household planned consumption Q18: As real disposable income increases,consumption expenditures Q19: The 45-degree line Q60: Saving equals Q132: In the Keynesian model, consumption
A)decreases as disposable
A)stay constant.
B)decrease
A)contains only a consumption component.
B)represents
A) disposable income minus taxes.
B) disposable
A)is positively related
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