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 $12,000?
A) 0
B) 600
C) 3,000
D) 11,400
Correct Answer:

Verified
Correct Answer:
Verified
Q99: Which of the following is a TRUE
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q161: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q190: Average propensity to consume<br>A) is the same
Q261: The consumption function shifts upward when<br>A)real income
Q262: At a level of real disposable income
Q267: Consumption expenditures include all of the following
Q268: Which one of the following is TRUE?<br>A)APC
Q296: Along the 45-degree reference line<br>A) total planned
Q302: The multiplier is<br>A) the part of consumption