Identify the Correct Statement with Respect to Consumption and Saving

question 24

Multiple Choice

Identify the correct statement with respect to consumption and saving function.

• A) Both the consumption function and the saving function have negative slopes.
• B) As disposable income declines, consumption and saving increase.
• C) The consumption function has a negative slope while the saving function has a positive slope.
• D) As disposable income rises, consumption and saving increases.
• E) The consumption function has a positive slope while the saving function has a negative slope.

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Definitions:

Employed

pertains to being hired and working under a contract for a company or an individual, contributing labor in exchange for compensation.

Word-to-File Move

A process in programmable logic controllers (PLCs) where data is moved from one or more word-sized locations to a file or array.

File-to-File Move

A operation in computing where data is transferred directly from one file to another within the same or between different storage mediums.

Data Transfer

The process of moving or copying data from one location, device, or system to another, often involving different types of networks and protocols.