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★ѕραndavir ★ѕραndavir
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7 years ago
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.
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
A good answer to a tough question
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