The consumption schedule shows:
A)a direct relationship between aggregate consumption and accumulated wealth.
B)a direct relationship between aggregate consumption and aggregate income.
C)an inverse relationship between aggregate consumption and accumulated financial wealth.
D)an inverse relationship between aggregate consumption and aggregate income.
Answer:B
The consumption schedule shows:
A)a direct relationship between aggregate consumption and accumulated wealth. B)a direct relationship between aggregate consumption and aggregate income. C)an inverse relationship between aggregate consumption and accumulated financial wealth. D)an inverse relationship between aggregate consumption and aggregate income.