The consumption function shows how much
A. all households plan to consume at each level of real disposable income.
B. all households plan to consume at each possible real interest rate.
C. real disposable income people will earn at each income tax bracket.
D. all households plan to consume at each level of savings.
Answer:A
The consumption function shows how much
A. all households plan to consume at each level of real disposable income. B. all households plan to consume at each possible real interest rate. C. real disposable income people will earn at each income tax bracket. D. all households plan to consume at each level of savings.