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Author Question: Identify the correct statement. a. Autonomous consumption equals saving when disposable income is ... (Read 94 times)

Deast7027

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  • Posts: 538
on: Jun 30, 2018
Identify the correct statement.
 a. Autonomous consumption equals saving when disposable income is equal to zero.
  b. Saving is equal to consumption when autonomous consumption is zero.
  c. The savings function always has a positive intercept when autonomous consumption is positive.
  d. The consumption and saving function intersect each other when disposable income is zero.
  e. Autonomous consumption is positive even when disposable income is zero.

Question 2

Garbage is scarce because it is abundant.
 a. True
  b. False
  Indicate whether the statement is true or false


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strudel15

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

e

Answer to Question 2

False


Deast7027

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  • Posts: 538
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

pangili4

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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