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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 3
When disposable income is zero, _______.
A) autonomous consumption is equal to induced consumption
B) autonomous consumption is equal to total consumption
C) induced consumption is equal to total consumption
A) autonomous consumption is equal to induced consumption
B) autonomous consumption is equal to total consumption
C) induced consumption is equal to total consumption
Explanation
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Verified
When income increases, consumption also ...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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