Solved

Which of the Following Is True

Question 280

Multiple Choice

Which of the following is true?


A) National income = Consumption + Savings - Taxes
B) National income = Consumption - Savings - Taxes
C) National income = Consumption + Savings + Taxes
D) National income = Consumption - Savings + Taxes

Correct Answer:

verifed

Verified

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

Related Questions

Q275: Investment spending will decrease when<br>A)the interest rate

Q276: A decrease in the real interest rate

Q277: If the consumption function is defined as

Q278: An unplanned increase in inventories results from<br>A)an

Q279: _ in taxes will decrease consumption spending,and

Q281: Table 12-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 12-4

Q282: Table 12-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 12-1

Q283: If disposable income increases by $500 million,and

Q284: Figure 12-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-3

Q285: Consumption is $5 million,planned investment spending is