Induced consumption is equal to
A. saving when consumption equals disposable income.
B. consumption when disposable income is zero.
C. consumption caused by an increase in disposable income.
D. dissaving when disposable income is greater than zero.
Answer:C
Induced consumption is equal to
A. saving when consumption equals disposable income. B. consumption when disposable income is zero. C. consumption caused by an increase in disposable income. D. dissaving when disposable income is greater than zero.