Figure 9-1 
-In Figure 9-1,line EBD is called
A) the 45-degree line.
B) the consumption function.
C) the saving function.
D) aggregate demand.
Correct Answer:
Verified
Q6: Suppose when real disposable income is $5,000,planned
Q7: If consumption spending exceeds income,we have
A)dissaving.
B)hoarding.
C)savings.
D)investment.
Q8: Figure 9-1 Q9: The relationship between households' planned consumption expenditures Q10: Keynesian theory is based on the belief Q12: According to Keynes,an individual's level of saving Q14: Dissaving occurs when Q15: At a level of real disposable income Q60: Saving equals Q132: In the Keynesian model, consumption
A)income exceeds consumption.
B)planned savings is
A) disposable income minus taxes.
B) disposable
A)is positively related
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