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Not yet answeredPoints out of 4.00Flag question Question text According to the consumption function stated above, consumption is a function of disposable income.This implies that
Not yet answeredPoints out of 4.00Flag question
Question text
According to the consumption function stated above, consumption is a function of disposable income.This implies that the saving schedule is _____.If consumption was a function of disposable income and the real interest rate, such thatC= 1,000 + 0.75(Y-T) - 50r, the saving schedule would be _____.
Select one:
A.
Horizontal, vertical
B.
Horizontal, upward sloping
C.
Vertical, upward sloping
D.
Vertical, downward sloping
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