-Refer to the above figure. Line ABC is called
A) the 45-degree line.
B) the consumption function.
C) the saving function.
D) aggregate supply.

Name: -Refer to the above figure. Line ABC is called A) the 45-degree line. B) the consumption function. C) the saving function. D) aggregate supply.
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Question

-Refer to the above figure. Line ABC is called
A) the 45-degree line. 
B) the consumption function. 
C) the saving function. 
D) aggregate supply.

Quizplus · Accepted Answer

The line ABC is referred to as the consumption function, which represents the relationship between total consumption and total disposable income in an economy.

-Refer to the Above Figure