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    Macroeconomics Principles and Policy Study Set 2
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    Exam 24: Aggregate Demand and the Powerful Consumer
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    Figure 8-1 Given the Scatter Diagram in Figure 8-1, If Real Disposable
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Figure 8-1 Given the Scatter Diagram in Figure 8-1, If Real Disposable

Question 167

Question 167

Multiple Choice

Figure 8-1
Figure 8-1     Given the scatter diagram in Figure 8-1, if real disposable income is $600 billion and asset wealth increases by $100 billion, how much will consumers spend? A)  $550 billion B)  $450 billion C)  $600 billion D)  Cannot be determined
 
Given the scatter diagram in Figure 8-1, if real disposable income is $600 billion and asset wealth increases by $100 billion, how much will consumers spend?


A) $550 billion
B) $450 billion
C) $600 billion
D) Cannot be determined

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