Asked by
Kenda Smalls
on Nov 30, 2024Verified
When disposable income is 3,000,C + I is
A) 400.
B) 2,500.
C) 2,900.
D) 3,000.
Disposable Income
Refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.
- Compute and elucidate the impact of variations in disposable income on consumption, investment, and savings.
Verified Answer
JR
Learning Objectives
- Compute and elucidate the impact of variations in disposable income on consumption, investment, and savings.