Multiple Choice
Which of the following equations is correct?
A) Saving = Disposable income + Consumption
B) Saving = Disposable income x Consumption
C) Disposable income = Consumption - Saving
D) Saving = Disposable income - Consumption
Correct Answer:

Verified
Correct Answer:
Verified
Q13: According to classical economists,the relationship between the
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q15: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q16: When there is an inflationary gap,(actual)Real GDP
Q17: If the structural unemployment rate is 3
Q19: The more institutional constraints that exist in
Q20: According to classical economists,the economy<br>A) always operates
Q21: According to Say's law,<br>A) the demand curve
Q22: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q23: If the economy is self-regulating and in