Saving Rather Than Dissaving Occurs at Any Level of Disposable

question 401

Multiple Choice

Saving rather than dissaving occurs at any level of disposable income at which

• A) the consumption function intersects the saving/income curve.
• B) autonomous consumption is positive.
• C) the consumption function is above the 45-degree line.
• D) the consumption function is below the 45-degree line.

---

Definitions:

Competitive Goods

Products or services that compete in the same market as others, appealing to the same set of consumers.

Not-For-Profit

Organizations that operate for purposes other than making a profit, often focusing on social, educational, or charitable activities.

Labor Unions

Organizations representing workers' interests, aiming to improve wages, work hours, and working conditions through collective bargaining.

Private Enterprise System

An economic system characterized by private ownership and control over production and distribution, driven by profit motives.