Consumption expenditures equal disposable income
A. at every point on the consumption function.
B. at every point on the saving function.
C. at every point on the 45-degree line.
D. when saving equals disposable income.
Answer:C
Consumption expenditures equal disposable income
A. at every point on the consumption function. B. at every point on the saving function. C. at every point on the 45-degree line. D. when saving equals disposable income.