Multiple Choice
-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $1200?
A) 0
B) 60
C) 300
D) 1140
Correct Answer:

Verified
Correct Answer:
Verified
Q388: Which one of the following would shift
Q389: As real disposable income decreases, the average
Q390: In the Keynesian model, consumption<br>A) is positively
Q391: Suppose that when disposable income increases by
Q392: In the Keynesian model, whenever planned saving
Q394: The marginal propensity to consume explains how
Q395: Based on historical data, which of the
Q396: The equation is the <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt="The
Q397: Suppose equilibrium for an economy occurs when
Q398: According to Keynes, planned consumption<br>A) decreases as