Type: D Topic: 2 E: 154 MA: 154 41.Dissaving means:
Type: D Topic: 2 E: 154 MA: 154 42.Dissaving occurs where: A)income exceeds consumption. C)consumption exceeds income. B)saving exceeds consumption. D)saving exceeds income. Answer: C
Type: A Topic: 2 E: 156 MA: 156 43.Which of the following relations is not correct?
Type: A Topic: 2 E: 154 MA: 154 44.The saving schedule is drawn on the assumption that as income increases:
Type: A Topic: 2 E: 154 MA: 154 45.At the point where the consumption schedule intersects the 45-degree line:
Type: A Topic: 2 E: 154 MA: 154 46.The saving schedule is such that as aggregate income increases by a certain amount saving: A)increases by the same amount as the increase in income. B)does not change. C)increases, but by a smaller amount. D)increases by an even larger amount. Answer: C
Type: A Topic: 2 E: 156 MA: 156 47.If the consumption schedule is linear, then the: