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:

Null Hypothesis

Alternative to a primary hypothesis, stating that there is no relationship between the independent variable and the dependent variable.

Scientific Method

Systematic method of obtaining and evaluating information relevant to a problem.

Variable

Measurable factor or characteristic that can vary within an individual, between individuals, or both.

Dependent Variable

In experimental and statistical research, the variable being tested and measured, which is expected to change as a result of manipulations to the independent variable.