Solved

When Real Consumption Expenditure Is Plotted Against Real Disposable Income

Question 21

Multiple Choice

When real consumption expenditure is plotted against real disposable income the resulting relationship is


A) very weak.
B) positive and very curvi-linear.
C) positive and very close to linear.
D) negative and very close to linear.
E) virtually flat

Correct Answer:

verifed

Verified

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

Related Questions