Solved

If Personal Saving Is -$40 Billion and Disposable Personal Income

Question 51

Multiple Choice

If personal saving is -$40 billion and disposable personal income is $430 billion, then personal consumption spending is

A) $40 billion.
B) $390 billion.
C) $410 billion.
D) $470 billion.

Related Questions

Q46: If GDP is $300 billion, depreciation is

Q47: Refer to the information provided in Table

Q48: Refer to the information provided in Table

Q49: If in the same period output doubles

Q50: Refer to the information provided in Table

Q52: If gross investment in 2017 is $750

Q53: Related to the Economics in Practice on

Q54: A GDP deflator is real GDP divided

Q55: If depreciation equals zero and retained earnings

Q56: Net national product is<br>A) GDP plus depreciation.<br>B)