Which of the Following Statements Is False

question 18

Multiple Choice

Which of the following statements is false?

• A)Aggregate income is equal to real GDP.
• B)The consumption function is a linear relationship between consumption and income.
• C)The consumption function shows the relationship between consumption and disposable income.
• D)The consumption function shows the relationship between consumption and real GDP.
• E)The consumption function is a nonlinear relationship between consumption and income.

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Definitions:

Prototype

An original model or first form of something from which later versions are patterned; in cognitive science, it refers to a typical example of a category.

Relevant Information

Data or facts that are pertinent and applicable to the matter at hand or to the decision-making process.

Matchstick Problem

A type of cognitive problem-solving task that involves re-arranging matchsticks to form correct equations or geometric shapes.

Fixation

An obsessive focus or attachment to a person, idea, or object that impedes psychological development.