Multiple Choice
Suppose when real disposable income is $5000, planned real consumption is $4000. When real disposable income increases to $6000, planned real saving increases by $500. The new planned real consumption expenditures is
A) $5,000.
B) $4,500.
C) $6,000.
D) $3,500.
Correct Answer:
Verified
Correct Answer:
Verified
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