At the Point at Which the Consumption Function Intersects the 45

question 343

Multiple Choice

At the point at which the consumption function intersects the 45 degree reference line

• A) planned real consumption equals real disposable income.
• B) equilibrium output is supply determined equilibrium output is determined by both.
• C) planned real saving equals real disposable income.
• D) planned real consumption of real disposable income equals zero.

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