When the C Line Is Above the 45-Degree Line

question 146

Multiple Choice

When the C line is above the 45-degree line,

• A)there is dissaving and consumption is greater than disposable income.
• B)there is dissaving and consumption is less than disposable income.
• C)there is positive saving and consumption is greater than disposable income.
• D)there is positive saving and consumption is less than disposable income.

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Definitions:

Equilibrium Constant

A numerical value that expresses the ratio of products to reactants at equilibrium for a given chemical reaction, indicating the extent to which a reaction proceeds.

Reaction

A reaction is a process in chemistry where one or more substances, the reactants, undergo a transformation to form one or more different substances, the products.

Product Concentration

The amount of a substance per defined space; typically refers to the amount of a reactant or product in a solution or reaction mixture.

Hemoglobin

An iron-containing protein in red blood cells that transports oxygen from the lungs to the tissues of the body.