Solved

On a Diagram of the Consumption Function and the 45-Degree

Question 119

Multiple Choice

On a diagram of the consumption function and the 45-degree line,saving at each level of disposable income is the vertical distance


A) from the horizontal axis to the intersection point of the consumption line and the 45-degree line.
B) from the horizontal axis to the 45-degree line.
C) between the consumption and the 45-degree lines.
D) from the horizontal axis to where the consumption line intersects the vertical axis.

Correct Answer:

verifed

Verified

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

Related Questions