If Consumption Spending Is Greater Than Disposable Income, Then There

question 288

Multiple Choice

If consumption spending is greater than disposable income, then there is

• A) dissaving.
• B) excess thrift.
• C) positive savings.
• D) negative net investment.

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Definitions:

Measures of Central Tendency

Statistical indices that describe the center point or typical value of a dataset, including the mean, median, and mode.

Measures of Variability

Statistics that describe the dispersion or spread of data points within a dataset, including range, variance, and standard deviation.

Exclusive Range

A range in mathematics and statistics that includes the start point and the end point, but not the extremes themselves.

Inclusive Range

A statistical measure describing the spread of a set of data points or values, including both the highest and lowest values.