That part of disposable income not spent on consumption is defined as:
A) transitory disposable income.
B) permanent disposable income.
C) saving.
D) autonomous consumption.

Question

Quizplus · Accepted Answer

The part of disposable income that is not spent on consumption is defined as saving. Transitory and permanent disposable income refer to the temporary and long-term components of income, respectively. Autonomous consumption refers to the portion of consumption that is independent of disposable income.

That Part of Disposable Income Not Spent on Consumption Is