If Consumption Is $340 and Saving Is $20,then Disposable Income

question 45

Multiple Choice

If consumption is $340 and saving is $20,then disposable income

• A)Is $340.
• B)Is $360.
• C)Is $320.
• D)Cannot be determined from the information given.

---

Definitions:

Power Base

the sources of influence and authority an individual or organization possesses, such as expertise, control of resources, or personal relationships.

Positive Reinforcement

A principle in behavioral psychology where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of that behavior being repeated in the future.

Salary Increases

The process of raising an employee's pay rate, typically based on factors like performance, inflation, and market rates.

Aspirational Reference Groups

Social groups that individuals aspire to join or emulate, influencing their choices and behaviors to align with perceived group norms.