-In the Above Figure, Line ABC Is Called

question 298

Multiple Choice

-In the above figure, line ABC is called

• A) the 45- degree line.
• B) the saving function.
• C) aggregate supply.
• D) the consumption function.

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Definitions:

Annual Rate of Growth

The yearly percentage increase in the size or value of something, commonly used in economic or investment contexts.

Equivalent Annual Compounded

The annual interest rate that is equivalent to the nominal rate compounded more frequently than once a year.

Rate of Return

The profit or deficit experienced on an investment, calculated over a particular duration and shown as a fraction of the investment's original value.

Rental Income

Income received from renting out a property or another asset.