Multiple Choice
Disposable income is equal to
A) consumption expenditure minus taxes plus transfer payments.
B) aggregate income minus taxes plus government expenditures on goods and services.
C) aggregate income minus taxes plus transfer payments.
D) aggregate income plus transfer payments.
Correct Answer:
Verified
Correct Answer:
Verified
Q414: A movement along the consumption function to
Q415: If wealth increases, the consumption function shifts
Q416: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q417: The government increases its expenditures. The steeper
Q418: The smaller the slope of the AE
Q420: If aggregate planned expenditure is less than
Q421: The multiplier is larger if the<br>A) marginal
Q422: The government estimates that the multiplier is
Q423: If investment decreases, the AE curve shifts<br>A)
Q424: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above