10 Dec which one of the following statement is true consumption function?
(c) John Maynard Keynes is credited with the development of the consumption function as well as the notion of aggregate demand. c. As income increases, consumption increases but less than increase in income. (a) Farm conditions in the United States would be improved if the U.S. were to discontinue all supplemental food programs. d) none of the above shift the consumption function upward Consumption spending increases as income increases. B) The age of the population affects the slope of the consumption function. Which one of the following statements about the consumption function is incorrect? There is a positive relationship between consumption spending and interest rate. a. b. 51. (correct) 4) Induced consumption is equal to Y. Which one of the following statements is true? C) The corresponding section of the consumption function … 49. D) Younger households tend to have higher … 3) The marginal propensity to save is 0,2. Consumption spending decreases as income decreases. b) The Keynesian model cannot explain periods of prolonged unemployment. 2) The autonomous consumption is 10,8. (b) Net exports can never be negative. The function introduced by British economist John Maynard Keynes indicates the relationship between income and expenditure and the proportion of income spent on goods. A) The size of the population affects the slope of the consumption function. 6.8 Which of the following statements are correct concerning consumption function? A) Saving exists because consumption is smaller than disposable income. a) The classical model cannot explain periods of prolonged unemployment. If autonomous consumption increases the marginal propensity to consume will increase. Which of the following statement(s) is (are) true? a. b. C. The value of autonomous consumption is equal to 2 000. The consumption function is an economic formula that directly connects total consumption and gross national income. Which one of the following statements is TRUE? a) an increase in disposable income. (c) John Maynard Keynes is credited with the development of the consumption function as well as the notion of aggregate demand. b) an increase in wealth. B) Saving does not exist because consumption exceeds disposable income. c) a fall in interest rate. Which one of the following statements is true about the consumption function C = 10 + 0,8Y? The consumption function is an equation that shows the relationship between disposable income and consumption, which is the spending by households on goods and services. [1] All the statements are correct. Consumption is positive even when income is zero. (a) Farm conditions in the United States would be improved if the U.S. were to discontinue all supplemental food programs. (b) Net exports can never be negative. Which of the following statement(s) is (are) true? Consider the consumption function of country A: Country A: C = 2 000 + 0.7YD Which of the following statements concerning the consumption function are correct? Consumption spending cannot be positive if income is zero. Which of the following statements is true for real GDP levels below $400 billion? C) Other things equal, the level of consumption will rise with increases in population. Which of the following will NOT shift the consumption function upward? The Fed would likely respond by increasing the supply of federal funds to keep the federal funds rate at its target level. 1) Autonomous consumption spending refers to the part of consumption spending which varies with income. Which of the following statements concerning the effects of demographics on consumption is not true? Question 197 With the development of the following statement ( s ) is ( are ) true British! Consumption spending refers to the part of consumption will rise with increases in.. 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