Multiple Choice
Suppose real disposable income increases by $1,000. Given this information, we know that
A) consumption will generally increase by exactly $1,000.
B) consumption will generally increase by less than $1,000.
C) consumption will generally increase by more than $1,000.
D) saving will generally increase by exactly $1,000.
Correct Answer:
Verified
Correct Answer:
Verified
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