Multiple Choice
Consumption spending depends mainly on the level of
A) national income
B) disposable income
C) personal income
D) personal income taxes
E) imports
Correct Answer:

Verified
Correct Answer:
Verified
Q6: As disposable income increases,_.<br>A)consumption and saving both
Q132: The non-income determinants of consumption include all
Q133: Suppose that when disposable income rises from
Q134: Imagine a macro investment demand curve that
Q135: On a graph showing investment along the
Q137: Out of disposable income,households<br>A)consume and save<br>B)consume and
Q138: Induced saving<br>A)is that part of saving that
Q139: During recession years,<br>A)investment declines while consumption increases<br>B)investment
Q140: Exhibit 9-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 9-4
Q141: Disposable income is<br>A)the major determinant of consumption