A consumption function shows a
A. negative (inverse) relationship between consumption expenditure and saving.
B. positive (direct) relationship between consumption expenditure and price level.
C. negative (inverse) relationship between consumption expenditure and disposable income.
D. positive (direct) relationship between consumption expenditure and disposable income.
Answer:D
A consumption function shows a
A. negative (inverse) relationship between consumption expenditure and saving. B. positive (direct) relationship between consumption expenditure and price level. C. negative (inverse) relationship between consumption expenditure and disposable income. D. positive (direct) relationship between consumption expenditure and disposable income.