The relationship between consumption and disposable income is such that as Group of answer choices consumption rises, disposable...

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Economics

The relationship between consumption and disposable income issuch that as
Group of answer choices
consumption rises, disposable income falls
disposable income rises, consumption falls
disposable income rises, consumption rises
disposable income rises, saving falls
The federal governmentâ€™s principal tool in altering consumerspending is
Group of answer choices
changing corporate taxes
changing federal sales taxes
changing unemployment insurance benefits
changing personal income taxes
The difference between disposable income and consumptionspending is
Group of answer choices
transfer payments
personal taxes
saving
personal investment
The relationship between consumer spending and disposable incomeis called the
Group of answer choices
consumption function
income function
marginal income function
taxation function

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The consumption function can be written as C a bYT where a is the autonomous consumption expenditure b is the marginal propensity to consume and YT is the disposable income where Y See Answer

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