Title: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the ... Post by: vellojo on Oct 21, 2016 With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the consumption function intersects the 45-degree line at $8 trillion. This result indicates that
A) autonomous consumption spending is $8 trillion. B) consumption spending is less than $8 trillion because taxes must be paid. C) consumption spending is more than $8 trillion because taxes have been paid. D) consumption spending is $8 trillion when disposable income is $8 trillion. Title: Re: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, ... Post by: yadera on Oct 21, 2016 Content hidden
Title: Re: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the ... Post by: vellojo on Dec 2, 2016 Everyone I encourage you to thumbs up the answer!
got it right |