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Author Question: The 45-degree line used in a consumption function represents: a. the saving function. b. all ... (Read 93 times)

tsand2

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on: Jun 30, 2018
The 45-degree line used in a consumption function represents:
 a. the saving function.
  b. all points at which saving equals disposable income.
  c. all points at which consumption equals saving.
  d. all points at which all disposable income is consumed.
  e. the aggregate income of the economy.

Question 2

In order to not face tradeoffs, scarcity would have to be eliminated.
 a. True
  b. False
  Indicate whether the statement is true or false


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Ahernandez18

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

d

Answer to Question 2

True


tsand2

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Reply 2 on: Jun 30, 2018
Excellent

lcapri7

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Reply 3 on: Yesterday
:D TYSM

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