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Madison Dowden
on Oct 13, 2024

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In this graph,consumption is at the level of 2,500 when disposable income is

A) 0.
B) 1000.
C) 2000.
D) 3000.
E) 4000.

Disposable Income

The income left over for personal spending after direct taxes have been subtracted from an individual’s gross income.

Consumption

The use of goods and services by households or individuals, typically relating to spending on products and services.

  • Comprehend how disposable income affects the rates of consumption and saving.
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M.Aref RezaieOct 20, 2024
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