
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 32

When consumption equals disposable income:
A) the marginal propensity to consume is zero.
B) the average propensity to consume is zero.
C) consumption and saving must be equal.
D) saving must be zero.
Explanation
The equation with consumption ...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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