Solved

Use the Following Figure to Answer the Questions : Figure9

Question 43

Multiple Choice

Use the following figure to answer the questions : Figure9.3:
Use the following figure to answer the questions : Figure9.3: -According to Figure 9.3,which of the following is true? A) Dissaving occurs at disposable income levels above $20 billion. B) Consumption is $10 billion when disposable income is zero. C) The APC is greater than 1 at disposable income levels above $20 billion. D) At a disposable income level of $20 billion, consumption is zero.
-According to Figure 9.3,which of the following is true?


A) Dissaving occurs at disposable income levels above $20 billion.
B) Consumption is $10 billion when disposable income is zero.
C) The APC is greater than 1 at disposable income levels above $20 billion.
D) At a disposable income level of $20 billion, consumption is zero.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: Use the following figure to answer

Q39: The four components of aggregate demand include

Q40: Use the following figure to answer

Q41: If the investment demand curve shifts to

Q42: The line described by the consumption function

Q44: Use the following table to answer the

Q45: If consumption is $340 and saving is

Q47: Which of the following will cause a

Q121: The four components of aggregate spending are

Q135: The consumption function will shift because of