Asked by
Keionna Britton
on Oct 13, 2024Verified
In this graph,when disposable income is 3,000,consumption is
A) 2,000.
B) 2,500.
C) 3,000.
D) 3,500.
E) 4,000.
Disposable Income
Resources available to households for financial management in spending and saving after income tax deductions.
Consumption
The use of goods and services by households or the amount spent on them.
- Acknowledge the relationship between disposable income and the distribution between saving and expenditure.
Verified Answer
DS
Learning Objectives
- Acknowledge the relationship between disposable income and the distribution between saving and expenditure.