Refer to the above diagram. At disposable income level D, consumption is:
A)equal to CD.
B. equal to D minus CD.
C. equal to CD/D.
D. equal to CD plus BD.
Answer:B
Refer to the above diagram. At disposable income level D, consumption is:
A)equal to CD. B. equal to D minus CD. C. equal to CD/D. D. equal to CD plus BD.