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Author Question: When consumption spending is greater than disposable income, we know with certainty that we have ... (Read 62 times)

big1devin

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on: Jun 30, 2018
When consumption spending is greater than disposable income, we know with certainty that we have
 
  A) dissaving. B) negative net investment.
  C) excess thrift. D) positive savings.

Question 2

According to Keynes
 
  A) consumption is directly related to income but saving has no relationship with income.
  B) consumption is directly related to income but saving is inversely related to income.
  C) both consumption and saving are positively related to real disposable income.
  D) consumption is positively related to the interest rate.


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Li Jun

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


big1devin

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

covalentbond

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Reply 3 on: Yesterday
Excellent

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