ʺDissavingʺ occurs when
A. income exceeds consumption expenditure.
B. saving is negative.
C. the consumption function is below the 45-degree line drawn from the origin.
D. saving is positive.
Answer:B
ʺDissavingʺ occurs when
A. income exceeds consumption expenditure. B. saving is negative. C. the consumption function is below the 45-degree line drawn from the origin. D. saving is positive.