Which of the following statements is true?
A) investment = disposable income + consumption
B) saving = personal income - consumption
C) saving = disposable income - consumption
D) saving = personal income + consumption
Correct Answer:
Verified
Q24: The difference between a stock and a
Q25: Saving is an example of
A)a flow concept.
B)a
Q35: Which of the following is a flow
Q36: Investment is
A) a flow concept and is
Q40: Spending by businesses on things such as
Q45: The consumption function shows
A) a positive relationship
Q50: Keynesian theory is based on the hypothesis
Q53: According to Keynesian theory, the most important
Q55: According to Keynes, planned consumption
A)decreases as disposable
Q60: Saving equals
A) disposable income minus taxes.
B) disposable
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