Asked by
wyatt mueller
on Nov 30, 2024Verified
When disposable income is 3,000,I is ______ and C + I is ______.
A) 250,3,000.
B) 500,3,250.
C) 500,3,000.
D) 750,3,250.
E) 3,250,3,000.
Disposable Income
Money that households can allocate towards savings and spending after income tax charges.
C + I
An economic term that represents the sum of consumer spending (C) and investment spending (I); key components of the Gross Domestic Product (GDP) formula.
- Define the connection that exists between consumption, disposable income, and investment.
Verified Answer
LZ
Learning Objectives
- Define the connection that exists between consumption, disposable income, and investment.