When the Consumption Schedule Lies Above the 45-Degree Reference Line

question 185

Multiple Choice

When the consumption schedule lies above the 45-degree reference line, consumption spending is _____ than income and saving is _____.

• A) greater; positive
• B) less; positive
• C) greater; negative
• D) less; negative

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Definitions:

Widths

The measurement or extent of something from side to side; the lesser of two or the more usually perceived dimensions of an object.

Bars

Graphical units used in charts, such as bar charts or histograms, to represent data visually through the size of rectangular shapes.

Columns

Vertical divisions of text or information in a page layout, used to organize content in a readable manner.

Numbered

Arranged in or relating to a sequence of numbers for the purpose of organization or categorization.