When the Consumption Function Is Plotted on a Graph

question 164

Multiple Choice

When the consumption function is plotted on a graph,

• A) consumption is on the horizontal axis and saving is on the vertical axis.
• B) consumption is on the vertical axis and saving is on the horizontal axis.
• C) consumption is on the horizontal axis and disposable income is on the vertical axis.
• D) consumption is on the vertical axis and disposable income is on the horizontal axis.
• E) consumption is on the horizontal axis and investment is on the vertical axis.

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Definitions:

Personnel Categories

The classification of employees based on their job roles, responsibilities, or levels within an organization.

Human Resource Forecasters

Specialists who predict an organization's future human resource needs based on business data, trends, and strategic planning.

HR Forecasting

The process of predicting an organization's future demand for and supply of the right type of employees in the right number.

Strategic Importance

The level of significance a particular action, decision, or area has in achieving the long-term objectives of an organization.