Solved

When Desired Consumption Exceeds Disposable Income,desired Saving Is ________; When

Question 29

Multiple Choice

When desired consumption exceeds disposable income,desired saving is ________; when desired consumption is less than the disposable income,desired saving is ________.


A) negative; negative
B) positive; negative
C) negative; positive
D) positive; positive
E) zero; positive

Correct Answer:

verifed

Verified

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

Related Questions

Q24: In the simple macro model,desired investment expenditure

Q25: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 21-2 Refer

Q26: Consider the following aggregate expenditure function: AE

Q27: Suppose aggregate output is demand-determined.If the business

Q28: The table below shows disposable income and

Q30: Consider the following information concerning an economy

Q31: Consider a simple macro model with a

Q32: Consider a simple macro model with demand-determined

Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 21-1 Refer

Q34: Suppose there is an increase in the