The saving function shows a _ relationship between .
A) negative; real GDP and saving
B) negative; disposable income and consumption expenditure
C) positive; disposable income and saving
D) positive; disposable income and dissaving
Correct Answer:
Verified
Q63: If the consumption function is below the
Q64: When disposable income is 0, consumption is
Q65: At the level of disposable income where
Q66: Suppose that saving equals $0 when disposable
Q67: An increase in disposable income
A) shifts the
Q69: A movement along the saving function occurs
Q70: At a level of disposable income of
Q71: The vertical distance between the 45- degree
Q72: Dissaving occurs when a household
A) spends less
Q73: When the consumption function lies above the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents