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Other Fields Homework Help Economics Topic started by: ★ѕραndavir on Jul 27, 2017



Title: Which of the following is NOT usually assumed about the effect of disposable income on aggregate ...
Post by: ★ѕραndavir on Jul 27, 2017
Which of the following is NOT usually assumed about the effect of disposable income on aggregate consumer spending?
A) Consumer spending is at a higher level of disposable income.
B) At low levels of disposable income, saving may be negative.
C) Consumption is always less than disposable income.
D) A rise in income leads to a less than proportionate rise in consumption.


Title: Re: Which of the following is NOT usually assumed about the effect of disposable income on aggregate ...
Post by: thecrom on Jul 27, 2017
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Title: Re: Which of the following is NOT usually assumed about the effect of disposable income on aggregate ...
Post by: ★ѕραndavir on Jul 27, 2018
A good answer to a tough question