Solved

When Disposable Income Equals Consumption Expenditure, Then

Question 118

Multiple Choice

When disposable income equals consumption expenditure, then

A) the MPC = zero.
B) the MPS = zero.
C) saving is zero.
D) None of the above is correct.

Related Questions

Q4: Explain the relationship between real GDP and

Q113: Planned saving equals<br>A) zero when disposable income

Q114: In a simple economy in which prices

Q115: If the MPC increases from 0.75 to

Q117: Which of the following is NOT an

Q119: The Keynesian model of aggregate expenditure describes

Q121: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above

Q122: An increase in disposable income<br>A) shifts the

Q159: Please explain the relationship between consumption, disposable

Q278: What is the difference between movements along