Solved

Exhibit 8-2 Consumption Function

Question 72

Multiple Choice

Exhibit 8-2 Consumption function
Exhibit 8-2 Consumption function   As shown in Exhibit 8-2, the 45 <sup>0  </sup> line represents: A)  autonomous consumption. B)  real consumption spending. C)  real disposable income. D)  all points where real consumption equals real disposable income.
As shown in Exhibit 8-2, the 45 0   line represents:


A) autonomous consumption.
B) real consumption spending.
C) real disposable income.
D) all points where real consumption equals real disposable income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions