Multiple Choice
Where the consumption function crosses the 45° line
A) consumption expenditure equals saving.
B) saving is positive.
C) saving is negative.
D) consumption expenditure equals disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q225: What is the marginal propensity to consume?
Q226: Because the short-run aggregate expenditure model assumes
Q227: Components of induced aggregate expenditure include government
Q228: Suppose the consumption function is given by
Q229: A decrease in autonomous expenditure shifts the
Q231: Aggregate expenditure equals<br>A) C + I +
Q232: If the slope of the AE curve
Q233: If there are no taxes or imports
Q234: Which of the following is NOT an
Q235: What is unplanned investment? How does it