Statement I

question 60

Multiple Choice

Statement I.When disposable income is zero,autonomous consumption equals total consumption.
Statement II.When consumption equals disposable income,saving is zero.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Social Well-Being

Social well-being involves the overall health, happiness, and quality of life of a community or society, focusing on the well-being of individuals and groups.

Globally Focused

Referring to businesses or strategies that target markets, customers, and operations beyond a single country, aiming for international reach and impact.

Motivated Reasoning

A cognitive bias that causes people to interpret information in a way that supports their existing beliefs or desires.

Good News

Positive developments or information that can positively affect a company's market perception, stock price, or operational success.