The 45-Degree Line Used in a Consumption Function Represents

question 90

Multiple Choice

The 45-degree line used in a consumption function represents:

• A)the saving function.
• B)all points at which saving equals disposable income.
• C)all points at which consumption equals saving.
• D)all points at which all disposable income is consumed.
• E)the aggregate income of the economy.

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Definitions:

E-mail

Electronic mail, a method of exchanging messages between people using electronic devices.

Social Security Offices

Government facilities where individuals can apply for or manage Social Security benefits.

County Tax Rolls

Official records maintained by county governments listing property ownership, assessed values, and applicable property taxes.

Insurance Companies

Organizations that provide coverage, compensating losses or providing protection against risk, in exchange for premium payments.