Multiple Choice
In a diagram with the consumption function, the 45-degree line indicates all points where
A) consumption expenditures and saving are equal.
B) saving and investment are equal.
C) consumption expenditures and disposable income are equal.
D) saving and disposable income are equal.
Correct Answer:
Verified
Correct Answer:
Verified
Q68: The intertemporal substitution effect of a change
Q69: In the Keynesian model of aggregate expenditure,
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q71: List the four components of aggregate expenditure.
Q72: Saving rather than dissaving occurs at any
Q74: In the very short term, planned investment,
Q75: At equilibrium expenditure, unplanned changes in inventory<br>A)
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q77: The vertical distance between the 45-degree line
Q78: If an increase in a household's disposable