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  3. Study Set
    Foundations of Macroeconomics Study Set 1
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    Exam 14: Aggregate Expenditure Multiplier
  5. Question
    When Disposable Income Is Zero, Consumption Expenditure Is
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When Disposable Income Is Zero, Consumption Expenditure Is

Question 61

Question 61

Multiple Choice

When disposable income is zero, consumption expenditure is


A) equal to autonomous consumption.
B) also zero.
C) negative.
D) equal to induced consumption expenditure.
E) None of the above answers is correct.

Correct Answer:

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