Multiple Choice
___________consumption is consumption that will occur___________ the level of GDP and disposable income.
A) Induced; independent of
B) Autonomous; independent of
C) Autonomous; depending on
D) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q209: When aggregate planned expenditure is less than
Q210: <span class="ql-formula" data-value="\begin{array} { | l |
Q211: If there are no taxes or imports
Q212: The sum of the components of aggregate
Q213: The marginal propensity to save is .<br>A)
Q215: ʺDissavingʺ occurs when<br>A) the consumption function is
Q216: Saving equals<br>A) disposable income minus consumption expenditure.<br>B)
Q217: The marginal propensity to save is<br>A) total
Q218: Mauritius, an island off the coast of
Q333: A fall in the price level shifts