The Saving Schedule Is Such That as Aggregate Income Increases

question 208

Multiple Choice

The saving schedule is such that as aggregate income increases by a certain amount, saving

• A) increases by the same amount as the increase in income.
• B) does not change.
• C) increases, but by a smaller amount.
• D) increases by an even larger amount.

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Definitions:

Factory Equipment

Assets such as machinery and tools used in the manufacturing process to produce goods and services.